WNEB Proxy: Executive Pay & Equity Awards Detailed
Ticker: WNEB · Form: DEF 14A · Filed: Apr 4, 2025 · CIK: 1157647
| Field | Detail |
|---|---|
| Company | Western New England Bancorp, Inc. (WNEB) |
| Form Type | DEF 14A |
| Filed Date | Apr 4, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, equity-awards
Related Tickers: WNEB
TL;DR
WNEB proxy out: exec pay details, equity awards for 2022-2024, shareholder vote coming.
AI Summary
Western New England Bancorp, Inc. filed its definitive proxy statement on April 4, 2025, for its annual meeting on May 14, 2025. The filing details executive compensation, including equity awards granted in 2024, 2023, and 2022, for both principal executive officers (PEO) and non-PEO/non-NEO members. It also outlines the year-end fair value of outstanding and unvested equity awards for these groups.
Why It Matters
This filing provides shareholders with crucial information regarding how executive compensation is structured and the value of equity awards, which can influence voting decisions on executive pay proposals.
Risk Assessment
Risk Level: low — This is a routine proxy filing detailing executive compensation and is not indicative of immediate financial risk.
Key Numbers
- 2024 — Fiscal Year (Equity awards and their fair value are detailed for this year.)
- 2023 — Fiscal Year (Equity awards and their fair value are detailed for this year.)
- 2022 — Fiscal Year (Equity awards and their fair value are detailed for this year.)
Key Players & Entities
- Western New England Bancorp, Inc. (company) — Filer of the proxy statement
- 0001157647 (company) — Central Index Key for Western New England Bancorp, Inc.
- 20250404 (date) — Filing date of the proxy statement
- 20250514 (date) — Annual meeting date
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, or Definitive Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation.
When is the annual meeting for Western New England Bancorp, Inc.?
The annual meeting is scheduled for May 14, 2025.
What specific compensation details are provided in this filing?
The filing details equity awards granted to principal executive officers (PEO) and non-PEO/non-NEO members for the fiscal years 2024, 2023, and 2022, including their year-end fair value.
What is the Central Index Key (CIK) for Western New England Bancorp, Inc.?
The CIK for Western New England Bancorp, Inc. is 0001157647.
What was the former name of Western New England Bancorp, Inc.?
The company was formerly known as WESTFIELD FINANCIAL INC, with a name change date of August 16, 2001.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 4, 2025 regarding Western New England Bancorp, Inc. (WNEB).