4/A: Washington Trust Bancorp Officer Corrects Share Holdings
Insider Transaction Amendment
An executive at Washington Trust Bancorp amended a previous SEC filing to correct the number of shares acquired in a recent transaction.
Summary
- Rolando A. Lora, Executive Vice President, Chief Retail Lending Officer, and Director of Commercial Lending at Washington Trust Bancorp Inc., filed an amendment (Form 4/A) to correct an administrative error.
- The original Form 4, filed on January 26, 2026, incorrectly reported 2,710 shares acquired on January 22, 2026.
- The corrected filing states that 3,438 shares of common stock were actually acquired on January 22, 2026, representing an increase of 728 shares from the initially reported amount.
- On January 23, 2026, 53 shares of common stock were disposed of at a price of $30.17 per share.
- Following these transactions, Rolando A. Lora beneficially owns 12,912 shares of Washington Trust Bancorp Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral. The filing is an administrative correction of an insider transaction, which is a routine event. The correction itself increases the reported beneficial ownership, which could be seen as slightly positive, but the overall impact is minimal.
Positives
- The corrected filing indicates a higher beneficial ownership for the executive, with 3,438 shares acquired compared to the originally reported 2,710 shares.
Negatives
- An administrative error in the initial Form 4 filing necessitated an amendment.
Future Outlook
No forward-looking statements or guidance are provided in this administrative filing.
Industry Context
This filing is an administrative correction of an insider transaction, which is a routine disclosure for publicly traded companies and does not provide specific insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minor impact due to a correction in an executive's reported share ownership, clarifying the exact number of shares held by an insider.
Key Dates
| Date | Description |
|---|---|
| 01/22/2026 | Date of common stock acquisition by Rolando A. Lora. |
| 01/23/2026 | Date of common stock disposition by Rolando A. Lora. |
| 01/26/2026 | Date of original Form 4 filing. |
| 01/28/2026 | Date of Form 4/A amendment filing. |
Keywords
Washington Trust Bancorp, WASH, SEC Form 4/A, Insider Trading, Share Acquisition, Beneficial Ownership, Executive Compensation, Stock Transaction, Amendment
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