Form 4: Washington Trust Bancorp CFO Ronald S. Ohsberg Reports Acquisition of Shares Through Dividend Reinvestment

Ronald S. Ohsberg, SEVP, CFO, and Treasurer of Washington Trust Bancorp, reports acquiring 2,243 shares of common stock through dividend reinvestment on April 22, 2024.

Summary

• Ronald S. Ohsberg, the SEVP, CFO, and Treasurer of Washington Trust Bancorp INC, filed a Form 4 on April 23, 2024.
• The form reports a transaction that occurred on April 22, 2024.
• Ohsberg acquired 2,243 shares of Washington Trust Bancorp's common stock through dividend reinvestment.
• The acquisition price is listed as $0, indicating it was a dividend reinvestment.
• Following the transaction, Ohsberg beneficially owns 13,466.97 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The filing indicates insider confidence through continued investment in the company via dividend reinvestment.

Positives

• The acquisition of shares through dividend reinvestment demonstrates Ohsberg's continued investment in the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. Dividend reinvestment plans are a common way for shareholders, including executives, to increase their holdings in a company.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals insider confidence.

Key Dates