Form 4: Washington Trust Bancorp EVP Kathleen Ryan Reports Stock Transactions
SEC Form 4 Filing
Kathleen Ryan, EVP and Chief Wealth Management Officer of Washington Trust Bancorp, reports acquisition and disposal of common stock and holdings in stock options.
Summary
- Kathleen Ryan, an Executive Vice President and Chief Wealth Management Officer at Washington Trust Bancorp INC, filed a Form 4.
- The report details transactions involving the company's common stock and stock options.
- On March 18, 2025, Ryan acquired 2,540 shares of common stock at $0.
- Ryan also disposed of 8,341 shares of common stock.
- Following these transactions, Ryan directly owns 2,000 stock options with an exercise price of $40.25, expiring on October 18, 2026.
- Additionally, Ryan directly owns 1,800 stock options with an exercise price of $58.05, expiring on October 17, 2027.
- Ryan indirectly owns 4,362 shares through The Kathleen Ryan Declaration of Trust dated March 7, 2008, as amended.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with shareholder interests.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the executive's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| March 7, 2008 | Date of The Kathleen Ryan Declaration of Trust |
| October 18, 2019 | Date stock option was granted with expiry date of October 18, 2026 |
| October 17, 2020 | Date stock option was granted with expiry date of October 17, 2027 |
| March 18, 2025 | Date of stock acquisition and disposal |
| March 20, 2025 | Date of signature on the Form 4 |
| October 18, 2026 | Expiration date of stock options with exercise price of $40.25 |
| October 17, 2027 | Expiration date of stock options with exercise price of $58.05 |
Keywords
Form 4, Washington Trust Bancorp, Stock Options, Common Stock, Kathleen Ryan, Beneficial Ownership, Transactions
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