Noons Mary E. 4

What Happened

• Mary E. Noons, President and COO of Washington Trust Bancorp (WASH), received a grant/award of 3,670 shares on 2026-01-22 (transaction code A).
• To satisfy tax obligations, 126 shares were disposed on 2026-01-23 and 129 shares on 2026-01-24 (transaction code F), each at $30.17 per share, generating $3,801 and $3,892 respectively (total $7,693).
• Net result: 3,415 shares added to her holding after the withholding (3,670 granted − 255 withheld). This is an award/compensation event rather than an open-market purchase or sale.

Key Details

• Transaction dates and amounts:
  • 2026-01-22: Award of 3,670 shares (A) at $0.00 reported per-share (grant).
  • 2026-01-23: 126 shares withheld/sold for tax (F) at $30.17 = $3,801.
  • 2026-01-24: 129 shares withheld/sold for tax (F) at $30.17 = $3,892.
• Total proceeds from withheld shares: $7,693.
• Shares owned after the transactions: Not specified in the provided filing.
• Footnotes/transaction codes: A = award/grant; F = payment of exercise price or tax liability (here used to withhold/sell shares to cover taxes).
• Filing timeliness: Form 4 was filed 2026-01-26 covering the 1/22–1/24 transactions; there is no indication in the filing that this was late.

Context

• This appears to be a standard equity compensation award with mandatory share withholding to cover tax liabilities (common for restricted stock/RSU grants). Withholding sales do not necessarily indicate a voluntary sale for cash or a change in sentiment.
• For retail investors, awards increase insider ownership and are typically more informative than routine tax-withholding sales; the net effect here is an increase of 3,415 shares for Ms. Noons.