Form 4: Washington Trust Bancorp Director Debra Paul Increases Stake Through Stock Grant

Debra M. Paul, a Director at Washington Trust Bancorp Inc., acquired 1,260 shares of common stock as a grant on June 12, 2025, bringing her total beneficial ownership to 2,620 shares.

Summary

• Debra M. Paul, a Director of WASHINGTON TRUST BANCORP INC (WASH), reported a change in her beneficial ownership.
• On June 12, 2025, Ms. Paul acquired 1,260 shares of Common Stock.
• The acquisition was reported at a price of $0 per share, indicating it was likely a grant or award rather than a purchase.
• Following this transaction, Ms. Paul's total beneficial ownership of Common Stock increased to 2,620 shares.
• The Form 4 filing was signed on June 16, 2025.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if a grant, generally indicates alignment of interests and confidence in the company's future, which is a moderately positive signal.

Positives

• The acquisition of shares by a director, even as a grant, aligns the director's interests with those of shareholders and can be viewed as a sign of confidence in the company's future.

Related Party Transactions

• The transaction involves a director of the company, which is by definition a related party transaction.

Stakeholder Impact

• Shareholders may view the director's increased stake as a positive signal of management's commitment and belief in the company's long-term prospects.

Key Dates

Keywords

SEC Form 4, insider transaction, beneficial ownership, Washington Trust Bancorp, WASH, Debra M. Paul, director, stock grant, equity compensation