---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-23-011800"
form_type: "8-K"
ticker: "WNEB"
cik: "0001157647"
company_name: "Western New England Bancorp, Inc."
filed_at: "2023-09-29T23:59:59+00:00"
generated_at: "2026-06-10T06:47:43.651179+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Western New England Bancorp adopts non-qualified deferred compensation plan for select executives

## Summary
- Board adopted Westfield Bank Non-Qualified Deferred Compensation Plan on September 26, 2023.
- Plan allows select management and highly compensated employees, including named executive officers, to defer base salary and cash incentives.
- Participant contributions fully vested at all times; employer may make discretionary contributions.
- Distributions upon separation, death, disability, unforeseeable emergency, or specified future date.
- Plan is unfunded and designed to comply with Section 409A of the Internal Revenue Code.

## SEC filing metadata
- accession: 0001387131-23-011800
- form_type: 8-K
- ticker: WNEB
- cik: 0001157647
- company_name: Western New England Bancorp, Inc.
- filed_at: 2023-09-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1157647/000138713123011800/0001387131-23-011800-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1157647/000138713123011800/wneb-8k_092623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-23-011800
- JSON: https://secwatch.observer/filing/0001387131-23-011800.json
- Plain text: https://secwatch.observer/filing/0001387131-23-011800.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.