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Washington Trust (WASH) Executive Reports 2,570-Share Acquisition on Form 4

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

Rhea-AI Filing Summary

James Cannon Brown, listed as Senior Executive Vice President and Chief Commercial Banking Officer of Washington Trust Bancorp, acquired 2,570 shares of the issuer's common stock on 09/15/2025. The transaction is reported on SEC Form 4 as a direct acquisition, showing 2,570 shares owned following the transaction and a reported price of $0. The filing was signed by an attorney-in-fact on behalf of the reporting person.

Positive

  • Reporting person increased direct ownership by 2,570 shares, aligning executive interests with shareholders
  • Transaction disclosed promptly on Form 4 with signature by attorney-in-fact, fulfilling Section 16 reporting

Negative

  • None.

Insights

TL;DR: Insider reported a direct acquisition of 2,570 shares, indicating executive ownership alignment with shareholders.

The Form 4 shows a direct acquisition by James Cannon Brown on 09/15/2025 for 2,570 common shares, with ownership reported as 2,570 following the transaction and a reported price of $0. The filing identifies the reporting person as SEVP and Chief Commercial Banking Officer. The signature is by an attorney-in-fact, dated 09/17/2025. This is a routine reporting of insider ownership change and contains no additional context about consideration or vesting in the filing.

TL;DR: Form 4 discloses a single direct acquisition; transaction coding and zero price warrant review for grant versus purchase.

The document records a non-derivative acquisition (code "A") of 2,570 shares on 09/15/2025, with the amount owned after the transaction equal to 2,570 shares and the reported price listed as $0. The form is filed individually for one reporting person. The filing contains no explanatory remarks about the nature of the $0 price (for example, whether shares were granted, gifted, or issued under a plan), so compliance review would reference underlying equity agreements for clarity. Impact is routine disclosure; no material adverse information is present.

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).
1. Name and Address of Reporting Person*
Brown James Cannon

(Last) (First) (Middle)
15 LOOP ROAD

(Street)
CLINTON CT 06413

(City) (State) (Zip)
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)
SEVP, Chief Comm'l Banking Off
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 09/15/2025 A 2,570 A $0 2,570 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
Explanation of Responses:
Remarks:
/s/Kristen L. DiSanto, Attorney-in-Fact 09/17/2025
** 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.

FAQ

What insider transaction was reported for WASH on this Form 4?

The Form 4 reports a direct acquisition of 2,570 shares of Washington Trust Bancorp common stock on 09/15/2025.

Who is the reporting person on the WASH Form 4?

The reporting person is James Cannon Brown, identified as SEVP and Chief Commercial Banking Officer.

What price was reported for the shares acquired in the WASH filing?

The filing lists a reported price of $0 for the 2,570 shares acquired.

How many shares does the reporting person own after the transaction?

The Form 4 shows 2,570 shares owned following the reported transaction.

When was the Form 4 signed and by whom?

The form was signed by Kristen L. DiSanto, Attorney-in-Fact on 09/17/2025.
Washington Tr Bancorp Inc

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