Form 4: Washington Trust Bancorp Executive William K. Wray Sr. Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
William K. Wray Sr., SEVP and Chief Risk Officer of Washington Trust Bancorp, reports acquiring 3,100 shares of common stock and disposing of an unspecified amount on March 19, 2024.
Summary
- On March 19, 2024, William K. Wray Sr., the SEVP and Chief Risk Officer of Washington Trust Bancorp INC, engaged in transactions involving the company's common stock.
- Wray acquired 3,100 shares of common stock.
- Following the reported transactions, Wray directly owns 9,034 shares of common stock.
- Wray also has indirect ownership through the Nancy H Wray Rev Trust 2008 U/A 12/15/08 and the William K Wray Sr Revoc Tru 08 U/A 12/15/08, each holding 877 shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider activity, which some investors may interpret as a signal about the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 12/15/08 | Date of Nancy H Wray Rev Trust 2008 U/A |
| 12/15/08 | Date of William K Wray Sr Revoc Tru 08 U/A |
| 03/19/2024 | Date of stock transaction |
| 03/21/2024 | Date of signature on the report |
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