WNEB director granted 443 shares via stock program
Western New England Bancorp director Steven G. Richter received 443 shares of common stock as compensation.
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Rhea-AI Filing Summary
Western New England Bancorp director Steven G. Richter received 443 shares of common stock as compensation. The shares were acquired on behalf of him in the open market at $14.2988 per share under the Company’s Non-Employee Director Stock Election Program, using fees otherwise payable in cash.
After this award, he directly holds 64,156 common shares. The filing also lists indirect holdings of 9,483 shares held by an IRA and 61 shares held by his spouse, showing additional ownership reported in accounts associated with him.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 443 | $14.2988 | $6K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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
compensation otherwise payable in cash financial
indirect ownership financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Steven G. Richter report in this WNEB Form 4 filing?
What indirect Western New England Bancorp (WNEB) holdings does Steven G. Richter report?
Does this WNEB Form 4 show open-market buying by Steven G. Richter?
AI-generated analysis. How Rhea-AI works. Not financial advice.