Western New England Bancorp (WNEB) director adds 323 shares through stock election program

Rhea-AI Filing Summary

Western New England Bancorp director acquires shares via fee election

Western New England Bancorp, Inc. director William D. Masse acquired 323 shares of common stock on May 6, 2026 at an average price of $14.2988 per share. The shares were purchased in the open market on his behalf under the Company's Non-Employee Director Stock Election Program using compensation that would otherwise have been paid in cash. Following this routine compensation-related acquisition, Masse directly holds 68,364 shares of Western New England Bancorp common stock.

Insights

Equity compensation and governance analyst

Director took stock instead of cash fees in a small, routine move.

Director William D. Masse acquired 323 common shares at $14.2988 each, with total direct holdings rising to 68,364 shares. The footnote explains this came from the Non-Employee Director Stock Election Program, where directors opt to receive fees in stock.

This structure means he redirected board compensation into equity rather than making a separate cash investment. The scale is small versus his existing stake, and there are no derivative exercises or sales reported, so this appears to be a standard, low-signal compensation election rather than a thesis-changing transaction.

Insider Trade Summary

Net Buyer: 323 shares

Net Buy 1 txn

Insider MASSE WILLIAM D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	323	$14.2988	$5K

Holdings After Transaction: Common Stock — 68,364 shares (Direct)

Footnotes (1)

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

Shares acquired: 323 shares Purchase price per share: $14.2988 per share Post-transaction holdings: 68,364 shares +1 more

4 metrics

Shares acquired 323 shares Common Stock, transaction on May 6, 2026

Purchase price per share $14.2988 per share Average price for 323 common shares

Post-transaction holdings 68,364 shares Direct ownership after acquisition

Transaction type Grant/award acquisition Code A with open-market purchase via stock election program

Key Terms

Non-Employee Director Stock Election Program, open market, Form 4

3 terms

Non-Employee Director Stock Election Program financial

"pursuant to the Company's Non-Employee Director Stock Election Program using compensation otherwise payable in cash"

open market financial

"Represents shares purchased in the open market on behalf of the reporting person"

An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

Form 4 regulatory

"INSIDER FILING DATA (Form 4): {"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/08/2026 - 04:18 PM Learn about SEC filing dates

FAQ

What did Western New England Bancorp (WNEB) director William D. Masse report in this Form 4?

Director William D. Masse reported acquiring 323 shares of Western New England Bancorp common stock at $14.2988 per share. These shares were obtained through the company’s Non-Employee Director Stock Election Program instead of receiving the equivalent amount in cash compensation.

How did William D. Masse acquire additional WNEB shares in this filing?

Masse acquired the shares via Western New England Bancorp’s Non-Employee Director Stock Election Program. Under this program, the company purchased 323 common shares in the open market on his behalf using director compensation that would otherwise have been paid in cash.

What is Masse’s total Western New England Bancorp (WNEB) shareholding after this transaction?

After acquiring 323 shares on May 6, 2026, Masse directly holds 68,364 shares of Western New England Bancorp common stock. This filing does not report any derivative positions, sales, or indirect holdings, so the disclosed position reflects his direct ownership after the transaction.

Was this WNEB Form 4 transaction an open-market purchase or compensation grant?

The Form 4 uses a grant-related code, but the footnote states the 323 shares were purchased in the open market on Masse’s behalf. The cash used came from director fees under the Non-Employee Director Stock Election Program, making it a compensation-related stock election.

Does this Western New England Bancorp Form 4 show any stock sales by the director?

No stock sales are reported in this Form 4. The filing only shows an acquisition of 323 common shares for director William D. Masse, with his direct holdings increasing to 68,364 shares. There are no dispose, tax-withholding, or gift transactions listed in the summary data.

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^*

MASSE WILLIAM D

(Last) (First) (Middle)

C/O WESTERN NEW ENGLAND BANCORP, INC.

141 ELM STREET

(Street)

WESTFIELD MASSACHUSETTS 01085

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

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

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

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

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	05/06/2026		A		323(1)	A	$14.2988	68,364	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. 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.

	/s/ John E. Bonini, Attorney-in-Fact	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)