Western New England Bancorp (WNEB): Director Buys 260 Shares via Election

Rhea-AI Filing Summary

Gary G. Fitzgerald, a director of Western New England Bancorp (WNEB), acquired 260 shares of the company's common stock on 08/06/2025 at a reported price of $11.1227 per share under the company's Non-Employee Director Stock Election Program. The filing states the shares were self-funded through deferred compensation and are not a restricted stock award.

After the transaction, Mr. Fitzgerald's reported direct beneficial ownership is 32,520 shares. The Form 4 discloses no derivative transactions; the acquisition was reported on a standard Form 4 submission for insider reporting.

Insights

Corporate Governance Expert

TL;DR: Director purchased a modest amount of shares via a deferred-compensation election; a common alignment mechanism with limited immediate material impact.

The acquisition of 260 shares under the Non-Employee Director Stock Election Program, funded through deferred compensation, is consistent with customary director equity participation. The filing clarifies the shares are not restricted stock, and ownership is recorded as direct. There are no derivative positions reported, and the scale of the purchase relative to total reported direct holdings suggests limited near-term governance or control implications.

Securities Analyst

TL;DR: Small insider buy reported on Form 4; transactional details are clear but not materially transformative for investors.

The Form 4 provides explicit transaction details: 260 common shares acquired at $11.1227 with resulting direct beneficial ownership of 32,520 shares. Because the purchase was self-funded via deferred compensation and no derivatives were involved, this appears to be an administrative execution of a director election program rather than a market-driven open-market buy, implying limited immediate valuation impact.

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

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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^*

Fitzgerald Gary G

(Last) (First) (Middle)

C/O WESTERN NEW ENGLAND BANCORP, INC.

141 ELM STREET

(Street)

WESTFIELD MA 01085

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025

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

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

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

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	08/06/2025		A		260(1)	A	$11.1227	32,520	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 an acquisition of stock under the Company's Non-Employee Director Stock Election Program. Shares acquired are self-funded through deferred compensation and are not representative of a restricted stock award.

	/s/ John E. Bonini, Attorney-in-Fact	08/08/2025
	** 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.

FAQ

What transaction did the WNEB director report on Form 4?

The director, Gary G. Fitzgerald, reported acquiring 260 common shares on 08/06/2025 under the company's Non-Employee Director Stock Election Program.

At what price were the 260 WNEB shares acquired?

The shares were reported at a price of $11.1227 per share.

How many WNEB shares does the reporting person beneficially own after the transaction?

The filing shows 32,520 shares of direct beneficial ownership following the reported acquisition.

Was this acquisition part of a stock award or funded differently?

The Form 4 states the shares were self-funded through deferred compensation and are not representative of a restricted stock award.

Were any derivative securities reported in this filing for WNEB?

No derivative securities were reported in Table II; the filing lists only a non-derivative common stock acquisition.