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Western New England Bancorp (WNEB) EVP receives 4,246-share stock grant

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

Rhea-AI Filing Summary

Miles Allen J III reported acquisition or exercise transactions in this Form 4 filing.

Western New England Bancorp EVP & Chief Lending Officer Miles Allen J III received a grant of 4,246 shares of common stock on March 6, 2026, at no cash cost. Following this award, he holds 42,138 shares directly, including 9,912 unvested time-based incentive shares scheduled to vest in tranches on 12/31/26, 12/31/27, and 12/31/28. He also reports indirect holdings of 36,587 shares through an ESOP, 22,029 shares through a 401(k) plan, and 75 shares held for his son in a UTMA account.

Positive

  • None.

Negative

  • None.
Insider Miles Allen J III
Role EVP & Chief Lending Officer
Type Security Shares Price Value
Grant/Award Common Stock 4,246 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 42,138 shares (Direct); Common Stock — 36,587 shares (Indirect, by ESOP)
Footnotes (1)
  1. Total direct includes 9,912 unvested time-based incentive stock award shares, for which 5,202, 3,294 and 1,416 shares are scheduled to vest on 12/31/26, 12/31/27 and 12/31/28 respectively. 75 shares held by son in an UTMA.
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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*
Miles Allen J III

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Lending Officer
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 4,246 A $0 42,138(1) D
Common Stock 36,587 I by ESOP
Common Stock 22,029 I by 401(K) Plan
Common Stock 75 I by Child in UTMA(2)
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 9,912 unvested time-based incentive stock award shares, for which 5,202, 3,294 and 1,416 shares are scheduled to vest on 12/31/26, 12/31/27 and 12/31/28 respectively.
2. 75 shares held by son in an UTMA.
/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 executive Miles Allen J III report in this Form 4?

He reported receiving a grant of 4,246 Western New England Bancorp common shares on March 6, 2026. This was a compensation-related award at no cash cost, increasing his reported direct holdings and updating several indirect retirement and family accounts.

How many Western New England Bancorp (WNEB) shares does Miles Allen J III now hold directly?

After the March 6, 2026 grant, he directly holds 42,138 WNEB common shares. This total includes 9,912 unvested time-based incentive shares that are scheduled to vest over three years, reflecting both currently owned and future vesting awards.

What unvested incentive shares are disclosed for WNEB executive Miles Allen J III?

He has 9,912 unvested time-based incentive stock award shares. According to the filing, 5,202 shares vest on December 31, 2026, 3,294 on December 31, 2027, and 1,416 on December 31, 2028, subject to applicable plan conditions.

What indirect Western New England Bancorp holdings are reported for Miles Allen J III?

He reports indirect ownership of 36,587 WNEB shares via an ESOP, 22,029 shares via a 401(k) plan, and 75 shares in a UTMA account for his son. These accounts supplement his direct share ownership.

Was the WNEB Form 4 transaction a market purchase or a compensation grant?

The Form 4 shows a compensation-related grant of 4,246 shares coded as a grant or award, with a reported price of $0.00 per share. It is not an open-market purchase or sale, but an equity award increasing reported holdings.