Form 4: Washington Trust Officer Acquires Shares

William K. Wray Sr., SEVP and Chief Risk Officer of Washington Trust Bancorp Inc., reported acquiring 2,710 shares of common stock and disposing of 65 shares for tax purposes.

Summary

• William K. Wray Sr., the SEVP and Chief Risk Officer of Washington Trust Bancorp Inc. (WASH), reported changes in his beneficial ownership of common stock.
• On January 22, 2026, Mr. Wray acquired 2,710 shares of common stock at a price of $0 per share, likely representing a grant or vesting of equity awards.
• Following this acquisition, Mr. Wray directly owned 16,984 shares of common stock.
• On January 23, 2026, Mr. Wray disposed of 65 shares of common stock at a price of $30.17 per share, which was likely for tax withholding purposes related to the equity award vesting.
• After the disposition, Mr. Wray directly owned 16,919 shares of common stock.
• Mr. Wray also indirectly beneficially owns 877 shares through the Nancy H Wray Rev Trust 2008 U/A 12/15/08 and another 877 shares through the William K Wray Sr Revoc Tru 08 U/A 12/15/08.

Sentiment

Score: 6

Explanation: The SEVP and Chief Risk Officer acquired a significant number of shares, which generally signals confidence in the company's prospects, despite a small portion being sold for tax purposes.

Positives

• Insider acquisition of 2,710 shares of common stock by the SEVP and Chief Risk Officer, which can signal management's confidence in the company's future prospects.

Negatives

• Disposition of 65 shares, although likely for tax purposes, reduces the direct beneficial ownership of the insider.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports a routine insider transaction for a banking institution. Such transactions are common and generally reflect individual compensation events rather than broader industry trends or strategic shifts.

Related Party Transactions

• Indirect beneficial ownership of 877 shares through the Nancy H Wray Rev Trust 2008 U/A 12/15/08.
• Indirect beneficial ownership of 877 shares through the William K Wray Sr Revoc Tru 08 U/A 12/15/08.

Stakeholder Impact

• Shareholders: May view the insider acquisition as a positive signal of management confidence in the company's value and future performance.

Key Dates

Keywords

Washington Trust Bancorp, WASH, William K. Wray Sr., Form 4, insider transaction, stock acquisition, stock disposition, common stock, beneficial ownership, SEVP, Chief Risk Officer