WNEB director acquires 537 shares via stock program

Western New England Bancorp, Inc. director Paul C. Picknelly acquired additional Common Stock through compensation paid in shares instead of cash.

Rhea-AI Filing Summary

Western New England Bancorp, Inc. director Paul C. Picknelly acquired additional Common Stock through compensation paid in shares instead of cash. On May 6, 2026, 537 shares were purchased in the open market on his behalf at $14.2988 per share under the Non-Employee Director Stock Election Program. Following this transaction, he directly holds 110,125 shares of Common Stock.

Insider Trade Summary

Grant/Award: 537 shares

Grant/Award 1 txn

Insider PICKNELLY PAUL C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	537	$14.2988	$8K

Holdings After Transaction: Common Stock — 110,125 shares (Direct)

Footnotes (1)

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: 537 shares Price per share: $14.2988 per share Shares owned after: 110,125 shares +1 more

4 metrics

Shares acquired 537 shares Common Stock acquired on May 6, 2026

Price per share $14.2988 per share Open-market purchase price under director program

Shares owned after 110,125 shares Direct Common Stock holdings after transaction

Transaction type Grant/award acquisition (Code A) Reported as acquisition of non-derivative Common Stock

Key Terms

Non-Employee Director Stock Election Program, open market, Common Stock, Grant, award, or other acquisition

4 terms

Non-Employee Director Stock Election Program financial

"pursuant to the Company's Non-Employee Director Stock Election Program using compensation otherwise payable in cash"

open market financial

"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.

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did WNEB director Paul C. Picknelly report in this Form 4?

Paul C. Picknelly reported acquiring 537 shares of Western New England Bancorp Common Stock. The shares were obtained through compensation paid in stock instead of cash under the Non-Employee Director Stock Election Program.

How many WNEB shares did Paul C. Picknelly acquire and at what price?

He acquired 537 shares of Western New England Bancorp Common Stock. The shares were purchased in the open market on his behalf at a price of $14.2988 per share under the company’s director stock election program.

What is Paul C. Picknelly’s total WNEB shareholding after this transaction?

After this transaction, Paul C. Picknelly directly holds 110,125 shares of Western New England Bancorp Common Stock. This figure reflects his position following the 537-share acquisition on May 6, 2026, under the director stock election program.

Was this WNEB Form 4 transaction an open-market purchase by Paul C. Picknelly?

The shares were purchased in the open market on behalf of Paul C. Picknelly. The transaction used compensation otherwise payable in cash under Western New England Bancorp’s Non-Employee Director Stock Election Program, rather than a discretionary cash purchase.

What is Western New England Bancorp’s Non-Employee Director Stock Election Program?

The Non-Employee Director Stock Election Program allows director compensation otherwise payable in cash to be used to purchase company Common Stock. In this case, 537 shares were bought in the open market on behalf of director Paul C. Picknelly under this program.

Does this WNEB Form 4 show any share sales by Paul C. Picknelly?

No share sales are reported for Paul C. Picknelly in this Form 4. The filing discloses a single acquisition of 537 Common Stock shares, resulting in direct ownership of 110,125 shares after the reported transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/08/2026 - 04:19 PM EDT Learn about SEC filing dates

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 MASSACHUSETTS 01085

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

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

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

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

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	05/06/2026		A		537(1)	A	$14.2988	110,125	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 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.

	/s/ John E. Bonini, Attorney-in-Fact	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)