Western New England director awarded 259 shares
Western New England Bancorp director Lisa G. McMahon acquired additional company stock through a compensation-related program.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Western New England Bancorp director Lisa G. McMahon acquired additional company stock through a compensation-related program. On the reported date, she received 259 shares of common stock at $14.2988 per share, bringing her direct holdings to 60,446 shares.
According to the footnote, these shares were purchased in the open market on her behalf under the Company’s Non-Employee Director Stock Election Program, using director compensation that would otherwise have been paid in cash.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 259 | $14.2988 | $4K |
Footnotes (1)
- F1. Represents shares purchased in the open market on behalf of the reporting person pursuant to the Company's Non-Employee Director Stock Election Program using compensation otherwise payable in cash.
Key Figures
Key Terms
Non-Employee Director Stock Election Program financial
open market financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WNEB director Lisa G. McMahon report?
Was Lisa McMahon’s WNEB Form 4 transaction an open-market purchase?
What is Western New England Bancorp’s Non-Employee Director Stock Election Program?
AI-generated analysis. How Rhea-AI works. Not financial advice.