Form 4: Washington Trust Bancorp Executive Kathleen Ryan Reports Stock Transactions

Executive Vice President and Chief Wealth Management Officer of Washington Trust Bancorp, Kathleen Ryan, reports acquisition and indirect disposition of common stock, as well as holdings in stock options.

Summary

• Kathleen Ryan, EVP and Chief Wealth Management Officer at Washington Trust Bancorp, reported a transaction on January 23, 2025.
• She acquired 455 shares of common stock at a price of $0.
• She also indirectly disposed of 4,362 shares of common stock held in a trust.
• Following these transactions, she directly owns 5,801 shares of common stock.
• She also holds options to purchase 2,000 shares at $40.25, exercisable from October 18, 2019, to October 18, 2026, and 1,800 shares at $58.05, exercisable from October 17, 2020, to October 17, 2027.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by an executive, with no indication of positive or negative sentiment. It is a neutral reporting event.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The reported transactions are typical for executives who receive stock options and may manage personal trusts.
• The filing is consistent with SEC regulations and reporting requirements for beneficial ownership changes.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into executive trading activity.
• The filing ensures transparency and compliance with SEC regulations.

Key Dates

Keywords

Washington Trust Bancorp, Kathleen Ryan, stock transaction, insider trading, common stock, stock options, beneficial ownership