Form 4: Washington Trust Bancorp EVP, CAO, and Controller Reports Stock Transactions
SEC Form 4
Maria N Janes, EVP, CAO, and Controller of Washington Trust Bancorp, reports acquisition and disposal of common stock.
Summary
- Maria N Janes, an executive at Washington Trust Bancorp INC, filed a Form 4 detailing changes in beneficial ownership.
- On April 21, 2025, Janes acquired 1,454 shares of common stock at $0 and disposed of 649 shares at $26.24.
- Following these transactions, Janes directly owns 15,592 shares of common stock.
- Janes also holds options to buy 1,800 shares at $39.55 (exercisable from October 13, 2018, expiring October 13, 2025) and 2,000 shares at $40.25 (exercisable from October 18, 2019, expiring October 18, 2026).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 10/13/2018 | Date stock options become exercisable |
| 10/18/2019 | Date stock options become exercisable |
| 10/13/2025 | Expiration date of stock options |
| 04/21/2025 | Date of stock transactions |
| 10/18/2026 | Expiration date of stock options |
| 04/23/2025 | Date of signature |
Keywords
Form 4, Beneficial Ownership, Stock Options, Common Stock, Washington Trust Bancorp, Insider Trading
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