Western New England Bancorp (WNEB) director adds 514 shares under stock election plan

Rhea-AI Filing Summary

Western New England Bancorp director acquires shares through stock election program. Director Paul C. Picknelly acquired 514 shares of Western New England Bancorp common stock on 02/04/2026 at a price of $14.2324 per share. After this transaction, he beneficially owns 107,985 common shares, held directly.

The filing explains that the shares were acquired under the Company’s Non-Employee Director Stock Election Program, where shares are self-funded through deferred compensation rather than being granted as a restricted stock award.

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^*

PICKNELLY PAUL C

(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)
02/04/2026

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	02/04/2026		A		514(1)	A	$14.2324	107,985	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	02/06/2026
	** 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.

FAQ

What insider transaction did Western New England Bancorp (WNEB) report on this Form 4?

Western New England Bancorp reported that director Paul C. Picknelly acquired 514 shares of common stock on 02/04/2026. The transaction was coded as an acquisition and increased his directly held beneficial ownership in the company.

At what price did the WNEB director acquire shares in the February 2026 transaction?

The director acquired the shares at a price of $14.2324 per share. This price applies to the 514 common shares acquired on 02/04/2026 under Western New England Bancorp’s Non-Employee Director Stock Election Program.

How many Western New England Bancorp (WNEB) shares does the director own after this Form 4 transaction?

After the reported acquisition, director Paul C. Picknelly beneficially owns 107,985 shares of Western New England Bancorp common stock. The filing indicates these shares are held with direct ownership following the 514-share purchase.

What is the Non-Employee Director Stock Election Program mentioned in the WNEB Form 4?

The Non-Employee Director Stock Election Program allows directors to acquire stock using self-funded deferred compensation. The Form 4 notes the 514 shares were obtained through this program and clarifies they are not a restricted stock award from the company.

Is the February 2026 WNEB director acquisition reported as a direct or indirect holding?

The filing classifies the holding as direct ownership. After acquiring 514 shares of Western New England Bancorp common stock at $14.2324 per share, director Paul C. Picknelly directly holds a total of 107,985 shares.

Does the WNEB Form 4 indicate any sale of shares by the director?

No sale is indicated; the Form 4 reports an acquisition of 514 common shares coded as transaction type A. The transaction increases, rather than reduces, director Paul C. Picknelly’s directly held beneficial ownership in Western New England Bancorp.