Western New England Bancorp (WNEB) CEO receives 11,735-share grant
Filing Impact
Filing Sentiment
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 Trade Summary
3 transactions reported
Mixed
3 txns
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)
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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.
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.