Form 4: Washington Trust Bancorp Executive Reports Stock Transactions

Sentiment:

SEC Form 4


Dennis L. Algiere, EVP, Chief Compliance Officer, and Director of Community Affairs at Washington Trust Bancorp, reports acquisition and disposal of common stock.

Summary

  • On April 21, 2025, Dennis L. Algiere acquired 1,454 shares of Common Stock at $0 and disposed of 698 shares at $26.24.
  • Following these transactions, Algiere directly owns 17,052 shares of Common Stock.
  • Algiere also holds derivative securities in the form of stock options with various exercise prices and expiration dates.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by Section 16(a) of the Securities Exchange Act of 1934.

Key Dates

DateDescription
10/18/2019Date exercisable for stock options with an exercise price of $40.25, expiring on 10/18/2026
10/17/2020Date exercisable for stock options with an exercise price of $58.05, expiring on 10/17/2027
10/16/2021Date exercisable for stock options with an exercise price of $54.74, expiring on 10/16/2028
10/17/2022Date exercisable for stock options with an exercise price of $48.65, expiring on 10/17/2029
04/21/2025Date of Common Stock acquisition and disposal transactions
04/23/2025Date of signature for the report
10/16/2028Expiration date for stock options with an exercise price of $54.74
10/17/2027Expiration date for stock options with an exercise price of $58.05
10/17/2029Expiration date for stock options with an exercise price of $48.65
10/18/2026Expiration date for stock options with an exercise price of $40.25

Keywords

Form 4, Washington Trust Bancorp, Stock Transaction, Beneficial Ownership, Dennis L. Algiere, WASH, EVP, Chief Compliance Officer, Director Community Affairs

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