WNEB director acquires 514 shares via stock program
Western New England Bancorp director acquires shares through stock election program.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 514 | $14.2324 | $7K |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Western New England Bancorp (WNEB) report on this Form 4?
What is the Non-Employee Director Stock Election Program mentioned in the WNEB Form 4?
Is the February 2026 WNEB director acquisition reported as a direct or indirect holding?
AI-generated analysis. How Rhea-AI works. Not financial advice.