Form 4: Western New England Bancorp EVP, CFO & Treasurer Guida R. Sajdak Reports Common Stock Transaction
SEC Form 4 Filing
Guida R. Sajdak, EVP, CFO & Treasurer of Western New England Bancorp, Inc., reports the acquisition of 1,481 shares of common stock at $6.88 per share on May 28, 2024.
Summary
- On May 28, 2024, Guida R. Sajdak, the EVP, CFO & Treasurer of Western New England Bancorp, Inc., acquired 1,481 shares of common stock at a price of $6.88 per share.
- Following this transaction, Sajdak's total beneficial ownership includes 9,009 shares held directly and 55,202 shares held indirectly through a 401(k) plan (13,961 shares), a trust (34,647 shares), an ESOP (10,099 shares), and a UTMA account for a son (485 shares).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock transaction by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| October 17, 2022 | Date of the Jeffrey M. Sajdak Living Trust. |
| May 28, 2024 | Date of the common stock transaction. |
| May 30, 2024 | Date of signature by Attorney-in-Fact. |
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