Western New England Bancorp (WNEB) director adds 258 shares via stock election program
Rhea-AI Filing Summary
Western New England Bancorp director Lisa G. McMahon reported an acquisition of 258 shares of common stock at $13.90 per share. The shares were purchased in the open market on her behalf under the company’s Non-Employee Director Stock Election Program using compensation otherwise payable in cash, bringing her direct holdings to 61,313 shares.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 258 shares
Net Buy
1 txn
Insider
McMahon Lisa G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 258 | $13.90 | $4K |
Holdings After Transaction:
Common Stock — 61,313 shares (Direct)
Footnotes (1)
- F1. Represents shares purchased in the open market on behalf of the reporting person pursuant to the Company's Non-Employee Director Stock Election Program using compensation otherwise payable in cash.
Key Figures
Shares acquired: 258 shares
Price per share: $13.90
Shares owned after transaction: 61,313 shares
3 metrics
Shares acquired
258 shares
Common stock acquired under Non-Employee Director Stock Election Program
Price per share
$13.90
Per-share price for the 258 acquired shares
Shares owned after transaction
61,313 shares
Direct beneficial ownership following the reported acquisition
Key Terms
Non-Employee Director Stock Election Program, open market, compensation otherwise payable in cash
3 terms
Non-Employee Director Stock Election Program financial
"pursuant to the Company's Non-Employee Director Stock Election Program using compensation"
open market market
"Represents shares purchased in the open market on behalf of the reporting person"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
compensation otherwise payable in cash financial
"using compensation otherwise payable in cash"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is Lisa G. McMahon’s total WNEB ownership after this reported trade?
Following this acquisition, Lisa G. McMahon directly holds 61,313 shares of Western New England Bancorp (WNEB) common stock. This figure reflects her updated beneficial ownership after the 258-share purchase under the director stock election program.
Is the reported WNEB transaction for Lisa G. McMahon a purchase or a sale?
The reported Western New England Bancorp (WNEB) transaction for Lisa G. McMahon is an acquisition of 258 common shares. The shares were purchased in the open market on her behalf under a director stock election program, increasing her direct holdings.