Form 4: Western New England Bancorp SVP Leo R. Sagan Jr. Reports Acquisition of Shares

Leo R. Sagan Jr., SVP & Chief Risk Officer of Western New England Bancorp, reports acquiring 3,787 shares of common stock.

Summary

• Leo R. Sagan Jr., the SVP & Chief Risk Officer of Western New England Bancorp, filed a Form 4.
• The report indicates that Mr. Sagan acquired 3,787 shares of common stock on March 7, 2025.
• The shares were acquired at a price of $0.
• Following the transaction, Mr. Sagan directly owns 7,433 shares and indirectly owns 60,197 shares through a trust, 29,613 shares through an ESOP, and 4,901 shares through a 401(k) plan.
• 3,619, 2,551 and 1,263 shares are scheduled to vest on 12/31/25, 12/31/26 and 12/31/27, respectively.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.

Stakeholder Impact

• The acquisition of shares by an executive could positively influence investor sentiment.

Key Dates