Western New England Bancorp (WNEB) director sells 3,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Western New England Bancorp director Philip R. Smith reported an open-market sale of common stock. On February 27, 2026, he sold 3,000 shares at an average price of $13.17 per share. After this sale, he directly holds 7,497 shares and indirectly holds 41,000 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,000 shares ($39,510)
Net Sell
2 txns
Insider
Smith Philip R
Role
Director
Sold
3,000 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $13.17 | $40K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,497 shares (Direct);
Common Stock — 41,000 shares (Indirect, By 401(K) Plan)
Footnotes (1)
FAQ
What insider transaction did Philip R. Smith report at Western New England Bancorp (WNEB)?
Philip R. Smith reported selling 3,000 shares of Western New England Bancorp common stock. The open-market sale occurred at an average price of $13.17 per share, as disclosed in a Form 4 insider trading report filed for February 27, 2026.
What type of transaction was reported in the Western New England Bancorp (WNEB) Form 4 filing?
The Form 4 filing shows an open-market sale of common stock. The transaction is coded as “S,” which corresponds to a sale in the open market or a private transaction, and involved 3,000 shares sold on February 27, 2026.
Does the Western New England Bancorp (WNEB) Form 4 show any indirect holdings for the director?
Yes, the Form 4 reports 41,000 shares of Western New England Bancorp common stock held indirectly. These shares are held “By 401(K) Plan,” indicating indirect beneficial ownership separate from his directly held 7,497 shares after the reported sale.