Western New England Bancorp, Inc. has announced that Darlene M. Libiszewski, Senior Vice President and Chief Information Officer, has sold 3600 shares at a price of $12.39 per share on September 3, 2025.
Western New England Bancorp, Inc. has announced that Darlene M. Libiszewski, Senior Vice President and Chief Information Officer, sold 3,600 shares of the company's common stock on September 3, 2025. The transaction, executed at $12.39 per share, totaled $44,604. Following the sale, Libiszewski directly owns 16,044 shares and indirectly owns 19,201 shares through ESOP and IRA. Additionally, the filing reports 7,041 unvested restricted shares with vesting schedules extending through December 31, 2027 [1].
The insider sale, reported in a Form 4 filing, provides transparency into Libiszewski's beneficial ownership and compensation structure. The sale of 3,600 shares represents a modest reduction in her direct beneficial ownership, with 16,044 shares remaining. Libiszewski also holds 8,440 shares indirectly through an ESOP and 10,761 shares through an IRA. The filing includes details of 7,041 unvested restricted shares, which are scheduled to vest in three tranches: 3,428 shares on December 31, 2025, 2,416 shares on December 31, 2026, and 1,197 shares on December 31, 2027 [2].
The transaction was executed and reported promptly, with attorney-in-fact signature on September 5, 2025, indicating procedural compliance. The filing does not raise any governance red flags, such as unexplained transfers or complex derivatives. The sale appears routine rather than a material disposition, given the remaining direct ownership and substantial indirect holdings [3].
References:
[1] https://www.tradingview.com/news/tradingview:eef4b4300f4c8:0-western-new-england-bancorp-officer-sells-shares/
[2] https://www.stocktitan.net/sec-filings/WNEB/form-4-western-new-england-bancorp-inc-insider-trading-activity-05dafd97eec9.html
[3] https://www.tradingview.com/news/tradingview:eef4b4300f4c8:0-western-new-england-bancorp-officer-sells-shares/
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