Form 4: Washington Trust Bancorp Executive Reports Stock Transactions
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
| Date | Description |
|---|---|
| 10/18/2019 | Date exercisable for stock options with an exercise price of $40.25, expiring on 10/18/2026 |
| 10/17/2020 | Date exercisable for stock options with an exercise price of $58.05, expiring on 10/17/2027 |
| 10/16/2021 | Date exercisable for stock options with an exercise price of $54.74, expiring on 10/16/2028 |
| 10/17/2022 | Date exercisable for stock options with an exercise price of $48.65, expiring on 10/17/2029 |
| 04/21/2025 | Date of Common Stock acquisition and disposal transactions |
| 04/23/2025 | Date of signature for the report |
| 10/16/2028 | Expiration date for stock options with an exercise price of $54.74 |
| 10/17/2027 | Expiration date for stock options with an exercise price of $58.05 |
| 10/17/2029 | Expiration date for stock options with an exercise price of $48.65 |
| 10/18/2026 | Expiration 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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