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Washington Trust director proposes $47.1K share sale

The notice lists 860 shares from restricted stock vesting on April 28, 2023, and 340 on April 26, 2025, as compensation from the issuer.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Washington Trust Bancorp director Edwin J. Santos reported a proposed sale of 1,200 common shares, with an aggregate market value of $47,100 and an approximate sale date of October 26, 2026. Fidelity Brokerage Services LLC is identified as the broker; the notice lists 19,074,321 common shares outstanding.

Common shares proposed for sale 1,200 shares Approximate sale date: October 26, 2026
Aggregate market value $47,100 Common shares proposed for sale
Common shares outstanding 19,074,321 shares Figure listed in the notice
Restricted stock vesting acquisition 860 shares April 28, 2023; issuer compensation
Restricted stock vesting acquisition 340 shares April 26, 2025; issuer compensation
aggregate market value financial
"Aggregate market value of $47,100"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
restricted stock vesting financial
"Restricted Stock Vesting"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Rule 144 regulatory
"paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many WASH shares is Edwin J. Santos proposing to sell?

Edwin J. Santos reported a proposed sale of 1,200 common shares, with an aggregate market value of $47,100.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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