STOCK TITAN

BlackRock Portfolio Management reports 5.1% stake in Washington Trust Bancorp (NASDAQ: WASH)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Washington Trust Bancorp is reported to be 5.1% beneficially owned by BlackRock Portfolio Management LLC, which beneficially owned 974,240 shares of common stock as of 03/31/2026. The filing shows sole voting power for 885,270 shares and sole dispositive power for 974,240 shares.

The Schedule 13G clarifies the holdings are reported on behalf of BlackRock reporting business units and includes Exhibit 24 (Power of Attorney) and Exhibit 99 (Item 7) signatures dated 04/29/2026.

Positive

  • None.

Negative

  • None.

Insights

BlackRock reports a passive 5.1% stake in Washington Trust as of 03/31/2026.

The Schedule 13G shows 974,240 shares beneficially owned with 885,270 shares carrying sole voting power. This filing format indicates passive investment reporting under applicable SEC rules rather than an active Section 13(d) acquisition.

Monitor future filings for any change to ownership percentage or a switch to a Schedule 13D; timing and cash‑flow treatment are not specified in the excerpt.

Beneficially owned 974,240 shares as of 03/31/2026
Percent of class 5.1% ownership percentage reported on Schedule 13G
Sole voting power 885,270 shares voting power reported in Item 4(c)(i)
Sole dispositive power 974,240 shares dispositive power reported in Item 4(c)(iii)
CUSIP 940610108 Washington Trust Bancorp Common Stock CUSIP
Signature date 04/29/2026 Schedule signed by Spencer Fleming
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 (January 12, 1998)"
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.
Beneficially owned financial
"Amount beneficially owned: 974240"
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 Dispositive Power regulatory
"Sole power to dispose or to direct the disposition of: 974240"
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.
Exhibit 24 legal
"Exhibit 24: Power of Attorney"
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940610108

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



BlackRock Portfolio Management LLC
Signature:Spencer Fleming
Name/Title:Managing Director
Date:04/29/2026
Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

What stake does BlackRock (WASH) report in Washington Trust Bancorp?

BlackRock Portfolio Management LLC reports beneficial ownership of 974,240 shares, representing 5.1% of common stock as of 03/31/2026. The filing lists sole voting power for 885,270 shares and sole dispositive power for 974,240 shares.

Does the Schedule 13G indicate BlackRock will sell or buy Washington Trust shares?

The Schedule 13G reports beneficial ownership under passive-investor rules and does not state buying or selling intentions. The excerpt lists voting and dispositive powers but provides no transaction direction or planned trades.

What does 5.1% ownership mean for Washington Trust Bancorp's stockholder register?

A 5.1% stake means BlackRock beneficially owns 974,240 shares as of 03/31/2026. The filing notes no single other person holds more than 5% and lists various persons with rights to dividends or sale proceeds without naming them.

Who signed the Schedule 13G for BlackRock and when was it signed?

The filing is signed by Spencer Fleming, Managing Director, with a signature date of 04/29/2026. Exhibits include a Power of Attorney (Exhibit 24) and an Item 7 exhibit (Exhibit 99).