MASSE WILLIAM D 4

What Happened

• William D. Masse, a director of Western New England Bancorp, received a grant of 1,603 shares on 2026-03-06. The Form 4 reports an acquisition at $0.00 per share (code A — award/grant). The filing notes the grant has a grant-date fair market value of approximately $20,000 and fully vests on 12/31/2026.
• This was a compensation award (equity retainer), not a market purchase or sale; it does not represent a cash outlay by the insider.

Key Details

• Transaction date: 2026-03-06; Filing date (Form 4): 2026-03-10.
• Transaction type/code: A = Award/Grant.
• Shares acquired: 1,603 at $0.00 per share; grant date FMV ≈ $20,000.
• Vesting: Fully vests on 12/31/2026 (per footnote).
• Shares owned after transaction: Not specified in the provided filing details.
• No indication in the provided data that the filing was late.

Context

• This grant represents the portion of the director's annual board retainer paid in equity under the company's 2021 Omnibus Plan. Such director equity awards are routine compensation and should be interpreted as pay-related, not a direct market signal of the insider’s view on the stock.