Washington Trust Bancorp (WASH) SEVP acquires 32,000 shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Washington Trust Bancorp executive James Cannon Brown reported buying 32,000 shares of the company’s common stock in open-market transactions. The purchases on April 23, 2026 were split between 11,903 shares at a weighted average price of $31.5147 and 20,097 shares at a weighted average price of $30.9724.
Following these trades, one line item shows 37,280 shares owned and another shows 25,377 shares owned, each reported as directly held. The filing notes the prices are weighted averages over intraday trading ranges, and that detailed trade breakdowns are available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 32,000 shares ($997,572)
Net Buy
2 txns
Insider
Brown James Cannon
Role
SEVP, Chief Comm'l Banking Off
Bought
32,000 shs ($998K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20,097 | $30.9724 | $622K |
| Purchase | Common Stock | 11,903 | $31.5147 | $375K |
Holdings After Transaction:
Common Stock — 25,377 shares (Direct, null)
Footnotes (1)
- The reported price is a weighted average with a range in price from $30.42 to $31.415. The breakdown of actual transactions will be available upon request. The reported price is a weighted average with a range in price from $31.42 to $31.57. The breakdown of actual transactions will be available upon request.
Key Figures
Shares purchased (total): 32,000 shares
First purchase size: 11,903 shares
First purchase price: $31.5147 per share
+4 more
7 metrics
Shares purchased (total)
32,000 shares
Aggregate open-market purchases on April 23, 2026
First purchase size
11,903 shares
Open-market common stock purchase on April 23, 2026
First purchase price
$31.5147 per share
Weighted average price, with trades from $31.42 to $31.57
Second purchase size
20,097 shares
Open-market common stock purchase on April 23, 2026
Second purchase price
$30.9724 per share
Weighted average price, with trades from $30.42 to $31.415
Post-trade holdings (entry 1)
37,280 shares
Directly owned common stock after first reported purchase
Post-trade holdings (entry 2)
25,377 shares
Directly owned common stock after second reported purchase
Key Terms
open-market purchase, weighted average, Common Stock, non-derivative
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average financial
"The reported price is a weighted average with a range in price"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
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.
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What did James Cannon Brown report in his latest Form 4 for WASH?
James Cannon Brown reported buying 32,000 shares of Washington Trust Bancorp common stock in open-market transactions. The trades occurred on April 23, 2026 at weighted average prices around $31 per share, and are reported as directly owned holdings.
What type of transactions did the WASH Form 4 disclose for James Cannon Brown?
The Form 4 discloses open-market purchases of common stock, coded as “P” transactions. Both entries are non-derivative acquisitions of Washington Trust Bancorp shares, reported as direct ownership, with no related derivative exercises or sales shown in this filing.