Washington Trust (NASDAQ: WASH) EVP Algiere reports stock grant and tax share sale
Rhea-AI Filing Summary
Washington Trust Bancorp executive Dennis L. Algiere reported routine equity compensation activity. On January 22, 2026, he acquired 1,850 shares of common stock at $0 per share, increasing his directly held stake to 18,902 shares. On January 23, 2026, 39 shares were disposed of at $30.17 per share under transaction code F, a form typically used when shares are withheld to cover taxes, leaving him with 18,863 directly owned shares.
He also reports existing stock options to purchase common stock, including 2,100 shares at $48.65 exercisable until October 17, 2029, 2,000 shares at $40.25 until October 18, 2026, and two grants of 1,800 shares each at $54.74 and $58.05 expiring in 2028 and 2027, respectively, all held directly.
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FAQ
What insider transactions did WASHINGTON TRUST BANCORP (WASH) report for Dennis L. Algiere?
The filing shows that Dennis L. Algiere, an executive officer of Washington Trust Bancorp (WASH), acquired 1,850 shares of common stock on January 22, 2026 at $0 per share and had 39 shares disposed of on January 23, 2026 at $30.17 per share under transaction code F.
How many WASH shares does Dennis L. Algiere own after the reported Form 4 transactions?
After the reported transactions, Dennis L. Algiere directly owns 18,863 shares of Washington Trust Bancorp common stock.
What does the transaction code "A" mean in the WASH Form 4 for January 22, 2026?
On January 22, 2026, transaction code "A" indicates an acquisition of 1,850 shares of Washington Trust Bancorp common stock at $0 per share, typically reflecting an equity award.
What does the transaction code "F" signify in the WASH Form 4 entry on January 23, 2026?
On January 23, 2026, transaction code "F" records a disposition of 39 shares of Washington Trust Bancorp common stock at $30.17 per share, a code commonly used when shares are withheld to cover tax obligations related to equity compensation.
What stock options related to WASHINGTON TRUST BANCORP does Dennis L. Algiere hold?
The Form 4 lists several stock option holdings for Dennis L. Algiere, including options to buy 2,100 shares at $48.65 expiring on October 17, 2029, 2,000 shares at $40.25 expiring on October 18, 2026, and two grants of 1,800 shares each at $54.74 and $58.05 expiring on October 16, 2028 and October 17, 2027, all held directly.
What is Dennis L. Algiere’s role at WASHINGTON TRUST BANCORP (WASH)?
According to the filing, Dennis L. Algiere is an officer of Washington Trust Bancorp with the title EVP Ch Comp Off/Dir Com Affair, and the Form 4 is filed for him as a single reporting person.