Washington Trust (NASDAQ: WASH) EVP reports stock grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WASHINGTON TRUST BANCORP INC executive Maria N. Janes reported compensation-related stock activity. On April 6, 2026, she received a grant of 1,620 shares of common stock at $0.00 per share as an equity award.
On the same date, 732 shares of common stock were withheld at $34.16 per share to cover tax obligations, a non-market disposition. After these transactions, she directly owned 18,286 common shares and held a stock option to buy 2,000 shares at an exercise price of $40.25 per share, expiring on October 18, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Janes Maria N
Role
EVP, CAO and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,620 | $0.00 | -- |
| Tax Withholding | Common Stock | 732 | $34.16 | $25K |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 19,018 shares (Direct);
Stock Option (right to buy) — 2,000 shares (Direct)
Footnotes (1)
Key Figures
Stock grant: 1,620 shares
Tax withholding shares: 732 shares
Direct holdings after transactions: 18,286 shares
+2 more
5 metrics
Stock grant
1,620 shares
Common Stock award on April 6, 2026 at $0.00 per share
Tax withholding shares
732 shares
Withheld at $34.16 per share to cover tax liability
Direct holdings after transactions
18,286 shares
Common Stock directly owned after April 6, 2026 transactions
Stock option exercise price
$40.25 per share
Stock Option (right to buy) for underlying 2,000 shares
Stock option underlying shares
2,000 shares
Common Stock underlying option expiring October 18, 2026
Key Terms
tax-withholding disposition, Stock Option (right to buy), Grant, award, or other acquisition, Common Stock, +1 more
5 terms
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)""
Grant, award, or other acquisition financial
""transaction_code_description": "Grant, award, or other acquisition""
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.
exercise price financial
""conversion_or_exercise_price": "40.2500""
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.
FAQ
What insider transactions did WASH executive Maria N. Janes report?
Maria N. Janes reported a grant of 1,620 shares of Washington Trust Bancorp common stock and a tax-related share withholding. The withholding involved 732 shares at $34.16 per share to satisfy tax obligations, reflecting compensation mechanics rather than open-market buying or selling.
What stock options does Maria N. Janes have according to this WASH filing?
The filing shows Maria N. Janes holds a stock option to buy 2,000 shares of Washington Trust Bancorp common stock. The option has an exercise price of $40.25 per share and an expiration date of October 18, 2026, representing a remaining derivative position.
What role does Maria N. Janes hold at Washington Trust Bancorp (WASH)?
According to the Form 4 data, Maria N. Janes is an officer of Washington Trust Bancorp, serving as Executive Vice President, Chief Accounting Officer and Controller. Her reported equity grant and tax withholding relate to this executive compensation position at the company.