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Washington Trust (NASDAQ: WASH) EVP uses 735 shares to cover tax liability

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WASHINGTON TRUST BANCORP INC executive Lora A. Rolando reported a routine tax-related share disposition. On April 24, 2026, 735 shares of Common Stock were used to cover tax obligations at a price of $30.81 per share. After this tax-withholding transaction, Rolando directly holds 12,177 shares of Washington Trust Bancorp common stock. The filing does not show any open-market buying or selling, only shares withheld to satisfy taxes tied to equity compensation.

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Insider Lora Rolando A
Role EVP Ch Ret Len Off Dir Com Len
Type Security Shares Price Value
Tax Withholding Common Stock 735 $30.81 $23K
Holdings After Transaction: Common Stock — 12,177 shares (Direct, null)
Footnotes (1)
Shares used for tax withholding 735 shares Common Stock, transaction code F on April 24, 2026
Tax withholding price $30.81 per share Price applied to 735 shares delivered for tax liability
Shares held after transaction 12,177 shares Direct ownership of Common Stock following the Form 4 event
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lora Rolando A

(Last)(First)(Middle)
140 STOW RD.

(Street)
HARVARD MASSACHUSETTS 01451

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WASHINGTON TRUST BANCORP INC [ WASH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP Ch Ret Len Off Dir Com Len
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/24/2026F735D$30.8112,177D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/Kristen L. DiSanto, Attorney-in-Fact04/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did WASH executive Lora Rolando report?

Lora A. Rolando reported a tax-withholding disposition of WASHINGTON TRUST BANCORP INC common stock. On April 24, 2026, 735 shares were withheld to cover tax obligations related to equity compensation, rather than sold in the open market.

How many WASH shares were involved in Lora Rolando’s latest Form 4?

The Form 4 shows 735 shares of WASHINGTON TRUST BANCORP INC common stock used for tax withholding at $30.81 per share. This was a non-open-market disposition tied to equity compensation, not a discretionary sale on the stock market.

How many WASH shares does Lora Rolando hold after this transaction?

After the April 24, 2026 tax-withholding transaction, Lora A. Rolando directly holds 12,177 shares of WASHINGTON TRUST BANCORP INC common stock. This reflects her remaining position following the 735 shares delivered to satisfy tax obligations.

Was the WASH Form 4 transaction a market sale of shares?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. The 735 WASHINGTON TRUST BANCORP INC shares were delivered to cover tax liabilities linked to equity compensation, so there was no discretionary selling in the public market.

What does transaction code F mean in the WASH Form 4?

In this Form 4, transaction code F indicates payment of a tax liability by delivering securities. For WASHINGTON TRUST BANCORP INC, 735 shares of common stock were withheld at $30.81 per share to satisfy Rolando’s tax obligations on equity awards.