Form 4: Director Laura Benoit Acquires Additional Shares of Western New England Bancorp

Laura Benoit, a director of Western New England Bancorp, acquired 228 shares of common stock at $9.4096 per share on February 5, 2025, through the company's Non-Employee Director Stock Election Program.

Summary

• On February 5, 2025, Laura Benoit, a director of Western New England Bancorp, acquired 228 shares of the company's common stock.
• The shares were purchased at a price of $9.4096 per share.
• The acquisition was made through the company's Non-Employee Director Stock Election Program.
• The shares were self-funded through deferred compensation.
• Following the transaction, Ms. Benoit directly owns 42,999 shares of Western New England Bancorp.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a director, indicating confidence but not necessarily a major catalyst.

Positives

• A director's decision to increase their holdings in the company can be seen as a positive signal.

Industry Context

Director stock ownership is common in the banking industry to align management and shareholder interests.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder confidence.

Key Dates