Western New England director granted 1,603 shares
Western New England Bancorp director Laura Benoit received a grant of 1,603 shares of Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Western New England Bancorp director Laura Benoit received a grant of 1,603 shares of Common Stock. The award was granted as part of the company’s Amended & Restated 2021 Omnibus Plan and represents the equity portion of her annual board retainer, with a grant date fair market value of approximately $20,000.
The granted shares fully vest on 12/31/26. After this compensation-related acquisition, Benoit directly holds a total of 47,291 shares of Western New England Bancorp common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,603 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Western New England Bancorp (WNEB) report for Laura Benoit?
What is the approximate grant date value of Laura Benoit’s WNEB stock award?
Is Laura Benoit’s WNEB stock grant an open-market purchase or compensation award?
AI-generated analysis. How Rhea-AI works. Not financial advice.