Director at Western New England (WNEB) granted 1,603 stock shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Benoit Laura
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,603 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 47,291 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Western New England Bancorp (WNEB) report for Laura Benoit?
Western New England Bancorp reported that director Laura Benoit received a grant of 1,603 shares of Common Stock. The award is part of her annual board retainer, delivered in equity under the company’s Amended & Restated 2021 Omnibus Plan.
What is the approximate grant date value of Laura Benoit’s WNEB stock award?
The grant has a reported grant date fair market value of approximately $20,000. This amount represents the equity portion of Benoit’s annual board retainer, as specified in the footnote to the Form 4 insider transaction disclosure.
Is Laura Benoit’s WNEB stock grant an open-market purchase or compensation award?
The 1,603-share transaction is a compensation-related award, not an open-market purchase. It is described as a grant under Western New England Bancorp’s Amended & Restated 2021 Omnibus Plan, representing equity payment of her annual board retainer.