Form 4: Washington Trust Bancorp Executive Mary E. Noons Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Mary E. Noons, President and COO of Washington Trust Bancorp, reports acquiring 3,520 shares of common stock.

Summary

  • On March 18, 2025, Mary E. Noons, President and COO of Washington Trust Bancorp INC, acquired 3,520 shares of common stock.
  • The acquisition was reported on a Form 4 filed with the SEC.
  • Following the transaction, Noons beneficially owns 24,935.99 shares of common stock.
  • Noons also holds options to purchase 1,800 shares of common stock at an exercise price of $39.55, which were granted on October 13, 2018, and expire on October 13, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting an insider transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the actions of company leadership.

Stakeholder Impact

  • The acquisition of shares by a company executive can sometimes be viewed positively by shareholders, as it signals confidence in the company's future.

Key Dates

DateDescription
10/13/2018Date stock options were granted.
03/18/2025Date of common stock acquisition.
10/13/2025Expiration date of stock options.
03/20/2025Date of Form 4 filing.

Keywords

Form 4, Washington Trust Bancorp, Stock Options, Common Stock, Beneficial Ownership, Insider Trading, SEC Filing, Noons, WASH

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