Director at Western New England Bancorp (WNEB) receives $20,000 stock grant

Rhea-AI Filing Summary

Richter Steven G. reported acquisition or exercise transactions in this Form 4 filing.

Western New England Bancorp director equity grant. Director Steven G. Richter received a grant of 1,603 shares of common stock on March 6, 2026 as equity compensation, with a grant-date value of about $20,000. These shares were granted under the Amended & Restated 2021 Omnibus Plan and fully vest on December 31, 2026. Following the grant, he holds 63,713 shares directly, plus additional indirect holdings through an IRA and spouse accounts.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Richter Steven G.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,603	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 63,713 shares (Direct); Common Stock — 9,483 shares (Indirect, By IRA)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Richter Steven 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)
03/06/2026

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	03/06/2026		A		1,603(1)	A	$0	63,713	D
Common Stock								9,483	I	By IRA
Common Stock								61	I	By Spouse

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. 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.

	/s/ John E. Bonini, Attorney-in-Fact	03/10/2026
	** 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 for Steven G. Richter?

Western New England Bancorp reported that director Steven G. Richter received 1,603 shares of common stock as an equity grant. The award represents part of his annual board retainer, delivered in stock rather than cash, under the company’s Amended & Restated 2021 Omnibus Plan.

What is the value of the WNEB stock grant to director Steven G. Richter?

The stock grant to director Steven G. Richter has a grant-date fair market value of approximately $20,000. This amount represents the portion of his annual board retainer that is paid in equity, rather than cash, under Western New England Bancorp’s 2021 Omnibus equity compensation plan.

When do Steven G. Richter’s newly granted WNEB shares vest?

The 1,603 Western New England Bancorp shares granted to Steven G. Richter fully vest on December 31, 2026. Vesting means he earns full ownership rights at that date, provided applicable service conditions are met as outlined in the company’s Amended & Restated 2021 Omnibus Plan.

How many WNEB shares does Steven G. Richter hold after this equity grant?

After the grant, Steven G. Richter holds 63,713 Western New England Bancorp common shares directly. He also has indirect holdings, including 9,483 shares held through an IRA and 61 shares held by his spouse, as reflected in the same Form 4 filing disclosure.

Is the WNEB Form 4 transaction a market purchase or sale of shares?

The WNEB Form 4 shows an equity grant, not a market purchase or sale. Director Steven G. Richter received 1,603 shares at no cash cost as part of his board compensation, rather than buying shares in the open market or selling existing holdings.