WNEB executive granted 4,246 shares in equity award
Miles Allen J III reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,246 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 75 shares held by son in an UTMA.
FAQ
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What did WNEB executive Miles Allen J III report in this Form 4?
What indirect Western New England Bancorp holdings are reported for Miles Allen J III?
Was the WNEB Form 4 transaction a market purchase or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.