Director at Western New England Bancorp (WNEB) receives 1,603-share equity grant

Rhea-AI Filing Summary

PICKNELLY PAUL C reported acquisition or exercise transactions in this Form 4 filing.

Western New England Bancorp director equity grant. Director Paul C. Picknelly received an award of 1,603 shares of Common Stock, representing the equity portion of his annual board retainer with a grant date value of about $20,000. These shares fully vest on 12/31/26, bringing his direct holdings to 109,588 shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

PICKNELLY PAUL C

(Last) (First) (Middle)

C/O WESTERN NEW ENGLAND BANCORP, INC.

141 ELM STREET

(Street)

WESTFIELD MA 01085

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Western New England Bancorp, Inc. [ WNEB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/06/2026		A		1,603(1)	A	$0	109,588	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares granted under the Company's Amended & Restated 2021 Omnibus Plan fully vest on 12/31/26 and represent the portion of the Director's annual Board retainer that is paid in equity having a grant date fair market value of approximately $20,000.

	/s/ John E. Bonini, Attorney-in-Fact	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Western New England Bancorp (WNEB) director Paul C. Picknelly report?

Director Paul C. Picknelly reported an equity grant of 1,603 shares of Western New England Bancorp Common Stock. The award represents the equity portion of his annual board retainer, with a grant date fair market value of approximately $20,000 and future vesting conditions attached.

How many Western New England Bancorp (WNEB) shares were granted and when do they vest?

Picknelly was granted 1,603 shares of Western New England Bancorp Common Stock. According to the disclosure, these shares were issued under the Amended & Restated 2021 Omnibus Plan and will fully vest on 12/31/26, subject to the plan’s terms and conditions.

What is the approximate dollar value of the WNEB share grant to director Paul C. Picknelly?

The equity award has a grant date fair market value of about $20,000. This amount represents the portion of the director’s annual board retainer that is paid in equity, rather than cash, under Western New England Bancorp’s Amended & Restated 2021 Omnibus Plan.

How many Western New England Bancorp (WNEB) shares does Paul C. Picknelly hold after the grant?

Following the reported grant, Paul C. Picknelly directly holds 109,588 shares of Western New England Bancorp Common Stock. This total reflects his updated direct ownership position after the 1,603-share award was added, as disclosed in the Form 4 filing data provided.

Was the WNEB share grant to Paul C. Picknelly an open-market purchase?

No, the transaction was reported with code A, indicating a grant or award rather than an open-market purchase. The shares were issued as part of his annual board retainer, with a stated price per share of $0.0000 on the transaction line.