Washington Trust (WASH) CEO adds 3,195 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WASHINGTON TRUST BANCORP INC Chairman and CEO Edward O. Handy III reported an open-market purchase of 3,195 shares of common stock on April 27, 2026. The shares were bought at a weighted average price of $31.3236, with individual trade prices ranging from $31.23 to $31.40.
After this transaction, Handy directly holds 51,442 common shares. He also reports indirect ownership of 1,624.221 shares through the Mary C. Handy Revocable Living Trust and 32,938.407 shares through the Edward O. Handy III Living Trust Dated 7/28/2003. A portion of the reported balance reflects acquisitions from dividend reinvestments that are exempt from Form 4 reporting under Rule 16a-11.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,195 shares ($100,079)
Net Buy
3 txns
Insider
Handy Edward O. III
Role
Chairman and CEO
Bought
3,195 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,195 | $31.3236 | $100K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 51,442 shares (Direct, null);
Common Stock — 32,938.407 shares (Indirect, Edward O. Handy III Living Trust Dated 7/28/2003)
Footnotes (1)
- The reported price is a weighted average with a range in price from $31.23 to $31.40. The breakdown of actual transactions will be available upon request. Balance reflects acquisitions pursuant to dividend reinvestments exempt from Form 4 reporting under Rule 16a-11
Key Figures
Open-market purchase: 3,195 shares
Weighted average price: $31.3236 per share
Direct holdings after trade: 51,442 shares
+2 more
5 metrics
Open-market purchase
3,195 shares
Common Stock bought on April 27, 2026
Weighted average price
$31.3236 per share
Price range from $31.23 to $31.40
Direct holdings after trade
51,442 shares
Common Stock directly owned post-transaction
Indirect trust holding (Mary C. Handy Trust)
1,624.221 shares
Common Stock held indirectly
Indirect trust holding (Edward O. Handy III Trust)
32,938.407 shares
Common Stock held indirectly
Key Terms
open-market purchase, weighted average, dividend reinvestments, Rule 16a-11
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.
dividend reinvestments financial
"Balance reflects acquisitions pursuant to dividend reinvestments exempt"
Rule 16a-11 regulatory
"dividend reinvestments exempt from Form 4 reporting under Rule 16a-11"
FAQ
What insider transaction did WASHINGTON TRUST BANCORP INC (WASH) report?
WASHINGTON TRUST BANCORP INC reported that Chairman and CEO Edward O. Handy III bought 3,195 shares of common stock in an open-market transaction. This filing details the trade date, weighted average purchase price, and his updated direct and indirect share ownership positions.
What are Edward O. Handy III’s direct WASH holdings after this trade?
Following the reported purchase, Edward O. Handy III directly holds 51,442 shares of WASHINGTON TRUST BANCORP INC common stock. This updated direct ownership figure reflects the addition of 3,195 shares acquired in the open-market transaction disclosed in the Form 4 filing.
What indirect WASH holdings are reported for the CEO in this Form 4?
The Form 4 shows indirect ownership of 1,624.221 WASH shares through the Mary C. Handy Revocable Living Trust and 32,938.407 shares through the Edward O. Handy III Living Trust Dated 7/28/2003. These positions are reported as indirect holdings separate from his direct share ownership.