WASH (WASH) CFO Ohsberg reports stock grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WASHINGTON TRUST BANCORP INC senior executive Ronald S. Ohsberg reported routine equity compensation activity in company stock. On April 6, 2026, he received a grant of 2,535 shares of Common Stock at $0.00 per share as a stock award, increasing his direct holdings.
On the same date, 1,149 shares of Common Stock were disposed of at $34.16 per share to cover tax obligations, a tax-withholding disposition rather than an open-market sale. After these transactions, he directly owned 27,835.489 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ohsberg Ronald S.
Role
SEVP, CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,535 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,149 | $34.16 | $39K |
Holdings After Transaction:
Common Stock — 28,984.489 shares (Direct)
Footnotes (1)
Key Figures
Stock grant: 2,535 shares at $0.00
Tax-withholding shares: 1,149 shares at $34.16
Post-transaction holdings: 27,835.489 shares
3 metrics
Stock grant
2,535 shares at $0.00
Common Stock grant on April 6, 2026
Tax-withholding shares
1,149 shares at $34.16
Tax-withholding disposition on April 6, 2026
Post-transaction holdings
27,835.489 shares
Directly owned Common Stock after transactions
Key Terms
Grant, award, or other acquisition, tax-withholding disposition, Common Stock
3 terms
Grant, award, or other acquisition financial
"transaction_code_description":"Grant, award, or other acquisition"
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.
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.
FAQ
What did WASHINGTON TRUST BANCORP (WASH) disclose about Ronald S. Ohsberg’s recent stock transactions?
WASHINGTON TRUST BANCORP reported that SEVP, CFO and Treasurer Ronald S. Ohsberg received a grant of 2,535 Common Stock shares and had 1,149 shares withheld to satisfy tax obligations, leaving him with 27,835.489 directly owned shares after the transactions.
Was Ronald S. Ohsberg’s Form 4 transaction in WASH stock an open-market sale?
The filing shows no open-market sale. Instead, 1,149 WASHINGTON TRUST BANCORP Common Stock shares were disposed of at $34.16 per share as a tax-withholding transaction related to equity compensation, which is different from choosing to sell shares on the open market.