Western New England Bancorp (WNEB) director takes 291 shares in fee program
Rhea-AI Filing Summary
Western New England Bancorp director Donna J. Damon acquired 291 shares of common stock on August 5, 2026 at $13.90 per share. The shares were purchased in the open market under the Non-Employee Director Stock Election Program using director fees, increasing her direct holdings to 67,683 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 291 shares
Net Buy
1 txn
Insider
Damon Donna J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 291 | $13.90 | $4K |
Holdings After Transaction:
Common Stock — 67,683 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: 291.0000 shares
Price per share: $13.9000 per share
Shares owned after transaction: 67683.0000 shares
+1 more
4 metrics
Shares acquired
291.0000 shares
Common Stock acquisition on 2026-08-05 under director stock election program
Price per share
$13.9000 per share
Per-share price for 291.0000 acquired shares of Common Stock
Shares owned after transaction
67683.0000 shares
Direct common stock holdings of Donna J. Damon following the reported acquisition
Transaction date
2026-08-05
Date of the reported Common Stock grant/award 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 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.
compensation otherwise payable in cash financial
"using compensation otherwise payable in cash."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Western New England Bancorp (WNEB) report for director Donna J. Damon?
Donna J. Damon acquired 291 shares of Western New England Bancorp common stock on August 5, 2026 at $13.90 per share. The acquisition was reported as a grant/award-type transaction, increasing her directly held position to 67,683 shares of common stock.
What is Donna J. Damon’s total WNEB common stock ownership after this Form 4 transaction?
Following the reported acquisition, Donna J. Damon directly holds 67,683 shares of Western New England Bancorp common stock. This total includes the newly acquired 291 shares obtained through the Non-Employee Director Stock Election Program using director fee compensation.
Was Donna J. Damon’s WNEB stock acquisition made under a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox was not marked and the footnote describes an acquisition via the Non-Employee Director Stock Election Program, using director fee compensation, rather than a pre-arranged Rule 10b5-1 trading plan for discretionary market transactions.