0001062993-23-006314.txt : 20230308 0001062993-23-006314.hdr.sgml : 20230308 20230308173030 ACCESSION NUMBER: 0001062993-23-006314 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230306 FILED AS OF DATE: 20230308 DATE AS OF CHANGE: 20230308 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Goncalves Filipe B CENTRAL INDEX KEY: 0001964274 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16767 FILM NUMBER: 23717334 MAIL ADDRESS: STREET 1: C/O WESTERN NEW ENGLAND BANCORP, INC. STREET 2: 141 ELM STREET CITY: WESTFIELD STATE: MA ZIP: 01085 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Western New England Bancorp, Inc. CENTRAL INDEX KEY: 0001157647 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 731627673 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 141 ELM STREET CITY: WESTFIELD STATE: MA ZIP: 01085 BUSINESS PHONE: 413-568-1911 MAIL ADDRESS: STREET 1: 141 ELM STREET CITY: WESTFIELD STATE: MA ZIP: 01085 FORMER COMPANY: FORMER CONFORMED NAME: WESTFIELD FINANCIAL INC DATE OF NAME CHANGE: 20010816 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0306 4 2023-03-06 0001157647 Western New England Bancorp, Inc. WNEB 0001964274 Goncalves Filipe B C/O WESTERN NEW ENGLAND BANCORP, INC. 141 ELM STREET WESTFIELD MA 01085 0 1 0 0 SVP & Associate CCO Common Stock 2023-03-06 4 A 0 2487 9.90 A 14070 D Common Stock 2023-03-06 4 F 0 809 9.90 D 13261 D Common Stock 2056 I by 401(K) Plan Common Stock 1837 I by ESOP Common Stock 106 I by daughter These shares were issued to the Reporting Person pursuant to the Western New England Bancorp, Inc. 2020 Long-Term Incentive Plan, which provided for the award of shares of common stock of the Company based on the Company's performance over a designated three-year period. Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the award of common stock described in footnote 1. /s/ John Bonini, Attorney-in-Fact 2023-03-08 EX-24 2 exhibit24.htm POWER OF ATTORNEY
WESTERN NEW ENGLAND BANCORP.

SECTION 16
POWER OF ATTORNEY

Know all by these presents that the undersigned hereby constitutes and appoints John E. Bonini, the undersigned’s true and lawful attorney-in-fact to:


 (1)
execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer of Western New England Bancorp. (the “Company”), Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended, and the rules thereunder;


(2)
do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5 and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and


(3)
take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.

The undersigned hereby grants to such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934, as amended.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 8th day of March, 2023.

/s/ Filipe B. Goncalves           
Filipe B. Goncalves