What is Edward O. Handy III’s direct WASH share ownership after these transactions?

After the April 6, 2026 transactions, Edward O. Handy III directly owns 48,247 shares of Washington Trust Bancorp Common Stock. This reflects the net effect of the 6,848-share grant and 3,104-share tax-withholding, as reported in the Form 4 filing.

Washington Trust (WASH) CEO receives stock grant with tax withholding

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Washington Trust Bancorp Chairman and CEO Edward O. Handy III reported routine equity compensation in the form of company Common Stock. On April 6, 2026, he received a grant of 6,848 shares at no cost, classified as a grant or award acquisition.

To cover tax obligations, 3,104 shares were disposed of at $34.16 per share through a tax-withholding transaction, rather than an open-market sale. Following these entries, Handy directly owns 48,247 shares, and also has indirect holdings of 32,427.889 shares in the Edward O. Handy III Living Trust and 1,599.019 shares in the Mary C. Handy Revocable Living Trust.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Handy Edward O. III

Role Chairman and CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,848	$0.00	--
Tax Withholding	Common Stock	3,104	$34.16	$106K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 51,351 shares (Direct); Common Stock — 32,427.889 shares (Indirect, Edward O. Handy III Living Trust Dated 7/28/2003)

Footnotes (1)

Key Figures

Stock grant: 6,848 shares Tax-withholding shares: 3,104 shares Price for tax withholding: $34.16 per share +3 more

6 metrics

Stock grant 6,848 shares Common Stock award on April 6, 2026

Tax-withholding shares 3,104 shares Disposed at $34.16 per share for tax liability

Price for tax withholding $34.16 per share Value used for 3,104-share tax-withholding disposition

Direct holdings after transactions 48,247 shares Common Stock directly owned following April 6, 2026 entries

Handy Living Trust holdings 32,427.889 shares Indirect Common Stock via Edward O. Handy III Living Trust

Mary C. Handy Trust holdings 1,599.019 shares Indirect Common Stock via Mary C. Handy Revocable Living Trust

Key Terms

Grant, award, or other acquisition, tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Common Stock, +1 more

5 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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.

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description: Payment of exercise price or tax liability by delivering securities"

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.

indirect ownership financial

"ownership_type: indirect"

Form 4 Insider Transactions: What Each Field Means →

04/08/2026 - 04:34 PM

SEC Form 4

FORM 4

UNITED 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^*

Handy Edward O. III

(Last)

(First)

(Middle)

1332 NARRAGANSETT BOULEVARD

(Street)

CRANSTON

RHODE ISLAND

02905

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chairman and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/06/2026		A		6,848	A	$0	51,351	D
Common Stock	04/06/2026		F		3,104	D	$34.16	48,247	D
Common Stock								32,427.889	I	Edward O. Handy III Living Trust Dated 7/28/2003
Common Stock								1,599.019	I	Mary C. Handy Revocable Living Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

	/s/Kristen L. DiSanto, Attorney-in-Fact	04/08/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Edward O. Handy III report for WASH?

Edward O. Handy III reported a stock-based compensation event involving Washington Trust Bancorp Common Stock. He received a grant of 6,848 shares and had 3,104 shares withheld to satisfy tax obligations, resulting in an increase in his direct ownership position.

How many Washington Trust (WASH) shares were granted to the CEO?

Edward O. Handy III was granted 6,848 shares of Washington Trust Bancorp Common Stock. The grant was reported at a price of $0.00 per share, indicating an equity award rather than a market purchase, and forms part of his overall compensation structure.

Why were 3,104 WASH shares disposed of in the Form 4 filing?

The 3,104 Washington Trust Bancorp shares were disposed of to cover tax liabilities. This transaction is coded as a tax-withholding disposition at $34.16 per share, meaning shares were withheld for taxes and not sold on the open market for discretionary portfolio reasons.

What indirect WASH holdings are reported for trusts associated with Handy?

The filing shows indirect Washington Trust Bancorp ownership through two trusts. The Edward O. Handy III Living Trust holds 32,427.889 shares, and the Mary C. Handy Revocable Living Trust holds 1,599.019 shares, both reported as indirect Common Stock ownership positions.

Does the WASH Form 4 show any open-market buying or selling by the CEO?

The Form 4 does not show open-market buying or selling. It reports a stock grant of 6,848 shares and a 3,104-share tax-withholding disposition at $34.16 per share, both routine compensation-related entries rather than discretionary market trades.