Director at Washington Trust (WASH) receives 1,260-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gim Mark K W reported acquisition or exercise transactions in this Form 4 filing.
WASHINGTON TRUST BANCORP INC director Mark K. W. Gim received a grant of 1,260 shares of Common Stock. The award was recorded at a price of $0.00 per share, indicating it is a compensation-related stock grant rather than an open-market purchase.
After this grant, Gim directly holds 39,382.872 shares of Washington Trust common stock. The transaction is reported on a Form 4 as a routine grant, increasing his equity stake in the company by a relatively small portion.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gim Mark K W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,260 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 39,382.872 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 1,260 shares
Grant price: $0.00 per share
Total shares after grant: 39,382.872 shares
3 metrics
Shares granted
1,260 shares
Common Stock grant on April 28, 2026
Grant price
$0.00 per share
Reported transaction price for the 1,260-share award
Total shares after grant
39,382.872 shares
Director’s direct holdings following the Form 4 transaction
Key Terms
Form 4, Common Stock, Grant, award, or other acquisition, direct ownership
4 terms
Form 4 regulatory
"The transaction is reported on a Form 4 as a routine grant"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"Mark K. W. Gim received a grant of 1,260 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction code description is "Grant, award, or other acquisition" for this entry"
direct ownership financial
"The Form 4 reports the 1,260-share grant to Mark K. W. Gim as directly owned"
FAQ
What did director Mark K. W. Gim report in his Form 4 for WASH?
Director Mark K. W. Gim reported receiving a grant of 1,260 shares of Washington Trust Bancorp common stock. The shares were awarded at $0.00 per share as a compensation-related grant, increasing his direct holdings to 39,382.872 shares after the transaction.
Was the WASH Form 4 transaction a stock purchase or a grant?
The Form 4 for Washington Trust Bancorp shows a stock grant, not an open-market purchase. The transaction code "A" and a $0.00 per-share price indicate a grant, award, or other acquisition of 1,260 common shares to director Mark K. W. Gim.
What does transaction code "A" mean in the WASH Form 4 filing?
Transaction code "A" in the Washington Trust Bancorp Form 4 denotes a "Grant, award, or other acquisition." In this case, it reflects a compensation-related grant of 1,260 common shares to director Mark K. W. Gim, rather than an open-market purchase.
Is the WASH Form 4 transaction classified as direct or indirect ownership?
The Form 4 reports the 1,260-share grant to Mark K. W. Gim as directly owned. The ownership code is "D" for direct, and there is no separate entity or trust noted, so these Washington Trust Bancorp shares are held in his direct ownership capacity.