WASH executive granted 1,620 shares, 733 withheld for tax

WASHINGTON TRUST BANCORP INC executive Dennis L. Algiere, EVP Chief Compliance Officer and Director of Community Affairs, received a grant of 1,620 shares of common stock on April 6, 2026.

Accepted by SEC EDGAR 04/08/2026 - 04:45 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

WASHINGTON TRUST BANCORP INC executive Dennis L. Algiere, EVP Chief Compliance Officer and Director of Community Affairs, received a grant of 1,620 shares of common stock on April 6, 2026. On the same date, 733 shares were withheld to cover tax obligations, leaving him with 19,750 common shares held directly. He also holds several stock option awards on common stock with exercise prices between $40.25 and $58.05 and expirations from 2026 to 2029.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider ALGIERE DENNIS L

Role EVP Ch Comp Off/Dir Com Affair

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,620	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	733	$34.16	$25K
Holding	Stock Option (right to buy)	--	--	--
Holding	Stock Option (right to buy)	--	--	--
Holding	Stock Option (right to buy)	--	--	--
Holding	Stock Option (right to buy)	--	--	--

Holdings After Transaction: Common Stock — 19,750 shares (Direct); Stock Option (right to buy) — 7,700 contracts (Direct)

Key Figures

Stock grant: 1,620 shares Tax withholding shares: 733 shares Direct holdings after transaction: 19,750 shares +4 more

7 metrics

Stock grant 1,620 shares Common stock award on April 6, 2026 at $0.00 per share

Tax withholding shares 733 shares Common stock withheld at $34.16 per share for tax liability

Direct holdings after transaction 19,750 shares Common stock directly held after April 6, 2026 transactions

Option strike price 1 $40.25 Stock option exercise price expiring October 18, 2026

Option strike price 2 $48.65 Stock option exercise price expiring October 17, 2029

Option strike price 3 $54.74 Stock option exercise price expiring October 16, 2028

Option strike price 4 $58.05 Stock option exercise price expiring October 17, 2027

Key Terms

grant/award acquisition, tax-withholding disposition, Stock Option (right to buy), exercise price, +1 more

5 terms

grant/award acquisition financial

"transaction_action": "grant/award 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.

Stock Option (right to buy) financial

"security_title": "Stock Option (right to buy)""

exercise price financial

"conversion_or_exercise_price": "48.6500""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

underlying security financial

"underlying_security_title": "Common Stock""

FAQ

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

What insider transaction did WASH executive Dennis L. Algiere report?

Dennis L. Algiere reported receiving a grant of 1,620 shares of Washington Trust Bancorp common stock. These were compensation-related shares awarded at $0.00 per share on April 6, 2026, rather than an open-market purchase.

Why were 733 WASH shares disposed of in Dennis L. Algiere’s Form 4?

The 733 shares reported as a disposition were withheld to satisfy tax obligations related to the equity award. This tax-withholding disposition is not an open-market sale, but a standard mechanism to cover required taxes on granted shares.

How many WASH shares does Dennis L. Algiere hold after these transactions?

After the April 6, 2026 transactions, Dennis L. Algiere directly holds 19,750 shares of Washington Trust Bancorp common stock. This figure reflects his position following the stock grant and the 733-share tax withholding.

What stock options on WASH does Dennis L. Algiere currently have?

He holds several stock options (rights to buy) on Washington Trust Bancorp common stock. These options have exercise prices of $40.25, $48.65, $54.74, and $58.05, with expiration dates ranging from 2026 through 2029, covering underlying shares noted in the filing.

Was Dennis L. Algiere buying or selling WASH shares on the market?

The Form 4 shows a grant/award acquisition of 1,620 shares and a tax-withholding disposition of 733 shares. It does not report any open-market buy or sell trades; the activity is compensation- and tax-related rather than discretionary trading.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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^*

ALGIERE DENNIS L

(Last) (First) (Middle)

6 ELM STREET

(Street)

WESTERLY RHODE ISLAND 02891

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Ch Comp Off/Dir Com Affair

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/06/2026		A		1,620	A	$0	20,483	D
Common Stock	04/06/2026		F		733	D	$34.16	19,750	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$48.65							10/17/2022	10/17/2029	Common Stock	2,100		2,100	D
Stock Option (right to buy)	$40.25							10/18/2019	10/18/2026	Common Stock	2,000		2,000	D
Stock Option (right to buy)	$54.74							10/16/2021	10/16/2028	Common Stock	1,800		1,800	D
Stock Option (right to buy)	$58.05							10/17/2020	10/17/2027	Common Stock	1,800		1,800	D

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)