Washington Trust (NASDAQ: WASH) EVP granted 1,620 shares; 733 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WASHINGTON TRUST BANCORP INC executive Dennis L. Algiere, EVP Chief Compliance Officer and Director of Community Affairs, received a grant of 1,620 shares of common stock on April 6, 2026. On the same date, 733 shares were withheld to cover tax obligations, leaving him with 19,750 common shares held directly. He also holds several stock option awards on common stock with exercise prices between $40.25 and $58.05 and expirations from 2026 to 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
ALGIERE DENNIS L
Role
EVP Ch Comp Off/Dir Com Affair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,620 | $0.00 | -- |
| Tax Withholding | Common Stock | 733 | $34.16 | $25K |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,483 shares (Direct);
Stock Option (right to buy) — 2,100 shares (Direct)
Footnotes (1)
Key Figures
Stock grant: 1,620 shares
Tax withholding shares: 733 shares
Direct holdings after transaction: 19,750 shares
+4 more
7 metrics
Stock grant
1,620 shares
Common stock award on April 6, 2026 at $0.00 per share
Tax withholding shares
733 shares
Common stock withheld at $34.16 per share for tax liability
Direct holdings after transaction
19,750 shares
Common stock directly held after April 6, 2026 transactions
Option strike price 1
$40.25
Stock option exercise price expiring October 18, 2026
Option strike price 2
$48.65
Stock option exercise price expiring October 17, 2029
Option strike price 3
$54.74
Stock option exercise price expiring October 16, 2028
Option strike price 4
$58.05
Stock option exercise price expiring October 17, 2027
Key Terms
grant/award acquisition, tax-withholding disposition, Stock Option (right to buy), exercise price, +1 more
5 terms
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Stock Option (right to buy) financial
"security_title": "Stock Option (right to buy)""
exercise price financial
"conversion_or_exercise_price": "48.6500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
underlying security financial
"underlying_security_title": "Common Stock""
FAQ
What insider transaction did WASH executive Dennis L. Algiere report?
Dennis L. Algiere reported receiving a grant of 1,620 shares of Washington Trust Bancorp common stock. These were compensation-related shares awarded at $0.00 per share on April 6, 2026, rather than an open-market purchase.
What stock options on WASH does Dennis L. Algiere currently have?
He holds several stock options (rights to buy) on Washington Trust Bancorp common stock. These options have exercise prices of $40.25, $48.65, $54.74, and $58.05, with expiration dates ranging from 2026 through 2029, covering underlying shares noted in the filing.