STOCK TITAN

Western New England Bancorp (WNEB) CEO receives 11,735-share grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HAGAN JAMES C reported acquisition or exercise transactions in this Form 4 filing.

Western New England Bancorp, Inc. President and CEO James C. Hagan received a grant of 11,735 shares of common stock on March 6, 2026 at no cash cost, increasing his direct holdings to 256,868 shares. Indirect holdings include 47,155 shares held by an ESOP and 12,207 shares held through a 401(k) plan.

Within the direct position, 27,273 shares are unvested time-based incentive awards scheduled to vest in tranches of 14,282, 8,078 and 3,913 shares on December 31, 2026, December 31, 2027 and December 31, 2028, respectively. No open-market purchases or sales were reported in this filing.

Positive

  • None.

Negative

  • None.
Insider HAGAN JAMES C
Role President and CEO
Type Security Shares Price Value
Grant/Award Common Stock 11,735 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 256,868 shares (Direct); Common Stock — 47,155 shares (Indirect, by ESOP)
Footnotes (1)
  1. [object Object]
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*
HAGAN JAMES C

(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
X Officer (give title below) Other (specify below)
President and CEO
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 11,735 A $0 256,868(1) D
Common Stock 47,155 I by ESOP
Common Stock 12,207 I by 401(K) Plan
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. Total direct includes 27,273 unvested time-based incentive stock award shares, for which 14,282, 8,078 and 3,913 shares are scheduled to vest on 12/31/26, 12/31/27 and 12/31/28, respectively.
/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 did WNEB CEO James C. Hagan report in this Form 4 filing?

James C. Hagan reported receiving a grant of 11,735 shares of Western New England Bancorp common stock on March 6, 2026. This award increased his direct holdings and reflects compensation in stock rather than an open-market purchase or sale.

How many Western New England Bancorp (WNEB) shares does the CEO now hold directly?

After the March 6, 2026 grant, James C. Hagan holds 256,868 shares of WNEB common stock directly. This total includes both vested shares and unvested time-based incentive awards scheduled to vest over several future dates.

Does the WNEB Form 4 show any indirect holdings for the CEO?

Yes. The filing shows 47,155 shares held indirectly for James C. Hagan through an ESOP and 12,207 shares held indirectly through a 401(k) plan. These positions are reported as indirect ownership separate from his directly held common stock.

What unvested stock awards does WNEB’s CEO have outstanding?

The filing notes 27,273 unvested time-based incentive stock award shares within James C. Hagan’s direct holdings. Scheduled vesting tranches are 14,282 shares on December 31, 2026, 8,078 shares on December 31, 2027, and 3,913 shares on December 31, 2028.

Were there any open-market buys or sells of WNEB stock in this Form 4?

No open-market buys or sells are reported. The main transaction is a stock grant coded as an award acquisition, with a price per share of zero. The remaining entries simply update indirect holdings through an ESOP and a 401(k) plan.

What does the zero price per share mean in the WNEB CEO’s stock grant?

The zero price per share indicates the 11,735-share award was granted as compensation, not purchased with cash. Such grants typically reflect equity-based pay, where the executive receives shares directly rather than buying them on the open market.