BlackRock unit discloses 3.2% Washington Trust (WASH) stake in amended filing
Rhea-AI Filing Summary
BlackRock Portfolio Management LLC filed an amended Schedule 13G reporting passive ownership in Washington Trust Bancorp, Inc. common stock. As of June 30, 2026, it beneficially owned 607,838 shares, representing 3.2% of the class.
BlackRock reports sole voting power over 570,852 shares and sole dispositive power over 607,838 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single person holds more than five percent of the outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 607,838 shares
Ownership percentage: 3.2%
Sole voting power: 570,852 shares
+1 more
4 metrics
Beneficial ownership
607,838 shares
Common stock beneficially owned as of June 30, 2026
Ownership percentage
3.2%
Percent of Washington Trust Bancorp common stock class
Sole voting power
570,852 shares
Shares over which BlackRock has sole power to vote
Sole dispositive power
607,838 shares
Shares over which BlackRock has sole power to dispose
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 570,852.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 607,838.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 ... this reflects the securities"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Power of Attorney regulatory
"Exhibit 24: Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Washington Trust Bancorp (WASH) does BlackRock Portfolio Management LLC report owning?
BlackRock Portfolio Management LLC reports beneficial ownership of 3.2% of Washington Trust Bancorp’s common stock. This corresponds to 607,838 shares as of June 30, 2026, under a passive Schedule 13G filing structure.
Does any single client of BlackRock own more than 5% of WASH through this holding?
No. The filing states that various persons have rights to dividends or sale proceeds for the WASH shares, but no one person’s interest exceeds five percent of the total outstanding common stock.
What type of filing did BlackRock make regarding Washington Trust Bancorp (WASH)?
BlackRock Portfolio Management LLC submitted an Amendment No. 1 to Schedule 13G for Washington Trust Bancorp. This form reflects passive beneficial ownership rather than an activist or control-intent position.
Where is BlackRock Portfolio Management LLC organized and headquartered in this WASH filing?
BlackRock Portfolio Management LLC is organized in Delaware, with its principal business office at 50 Hudson Yards, New York, NY 10001, as disclosed in the ownership report for Washington Trust Bancorp.