[Form 3] WASHINGTON TRUST BANCORP INC Initial Statement of Beneficial Ownership
James Cannon Brown filed an Initial Statement of Beneficial Ownership reporting his relationship to Washington Trust Bancorp, Inc. (WASH) as Senior Executive Vice President and Chief Commercial Banking Officer. The filing states the event date as 09/15/2025 and explicitly indicates no securities are beneficially owned by the reporting person. The filing references Exhibit 24 (Power of Attorney) and is signed by an attorney-in-fact, Kristen L. DiSanto, dated 09/17/2025.
- Disclosure of officer role (SEVP, Chief Commercial Banking Officer) for transparency
- Explicit statement of no beneficial ownership, clarifying there are no insider holdings to report
- Filing includes Exhibit 24 (Power of Attorney), showing authorized representation for submission
- None.
Insights
TL;DR: Routine Section 16 initial filing disclosing officer status and no beneficial ownership; procedural, not material to valuation.
The Form 3 records that James Cannon Brown holds a named executive officer role at Washington Trust Bancorp and, as of the reported event, does not beneficially own issuer securities. The inclusion of Exhibit 24 and an attorney-in-fact signature indicates procedural delegation for filing. This disclosure satisfies Section 16 reporting obligations but does not provide transactional or ownership data that would affect investor valuation.
TL;DR: No holdings reported; filing is informational and unlikely to influence market perception absent future transactions.
The absence of any directly or indirectly held shares means there are no short-term insider transactions to analyze. Investors and compliance teams should note the officer title and the filing dates for record-keeping, but there are no material changes to capital structure or insider position disclosed here.