Western New England Bancorp (WNEB) HR chief receives 2,684-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phillips Christine reported acquisition or exercise transactions in this Form 4 filing.
Western New England Bancorp, Inc. senior vice president and Chief HR Officer Christine Phillips received a grant of 2,684 shares of common stock on March 6, 2026 at no cost as equity compensation. Following this award, she directly holds 22,732 shares of common stock.
A footnote states that her direct holdings include 6,267 unvested time-based incentive stock award shares, with 3,289, 2,082 and 896 shares scheduled to vest on December 31, 2026, December 31, 2027 and December 31, 2028, respectively. She also has indirect holdings of 2,828 shares through an ESOP and 1,856 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Phillips Christine
Role
SVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,684 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,732 shares (Direct);
Common Stock — 2,828 shares (Indirect, by ESOP)
Footnotes (1)
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FAQ
What insider transaction did WNEB executive Christine Phillips report on this Form 4?
Christine Phillips reported receiving a grant of 2,684 shares of Western New England Bancorp common stock on March 6, 2026. The shares were awarded at no cost as equity compensation, increasing her direct ownership position in the company’s stock.
What unvested stock awards does WNEB’s Christine Phillips have outstanding?
Christine Phillips has 6,267 unvested time-based incentive stock award shares. According to the filing, 3,289 shares vest on December 31, 2026, 2,082 shares on December 31, 2027, and 896 shares on December 31, 2028, subject to applicable award conditions.
Does the WNEB Form 4 show any open-market buying or selling by Christine Phillips?
The Form 4 shows a grant of 2,684 common shares at a price of $0.00 per share, reflecting an equity award rather than an open-market purchase or sale. No transaction codes indicating open-market buying or selling appear in the provided data.
What indirect Western New England Bancorp holdings does Christine Phillips report on this Form 4?
Christine Phillips reports indirect ownership of Western New England Bancorp common stock through benefit plans. She holds 2,828 shares indirectly through an ESOP and 1,856 shares indirectly through a 401(k) plan as reflected in the holding entries in the Form 4.