Lora Rolando A 4/A
Research Summary
AI-generated summary
Washington Trust (WASH) EVP Lora Rolando Receives 3,438-Share Award
What Happened
Lora Rolando A, an Executive Vice President (EVP) at Washington Trust Bancorp, was granted 3,438 shares on 2026-01-22 (award, $0.00 per share). On 2026-01-23, 53 shares were disposed/withheld to cover tax liabilities at $30.17 per share, generating proceeds of about $1,599. This Form 4/A amends an earlier filing to correct the number of shares granted.
Key Details
- Transactions:
- 2026-01-22 — Award (Code A): 3,438 shares @ $0.00 (acquired)
- 2026-01-23 — Tax withholding/payment (Code F): 53 shares @ $30.17 (disposed) = $1,599
- Filing: Original Form 4 was filed 2026-01-26; this amended Form 4/A was filed 2026-01-28 to correct an administrative error.
- Footnote: The original filing misreported the grant as 2,710 shares; actual grant was 3,438 shares.
- Shares owned after the transaction: Not disclosed in this filing.
- Transaction codes explained: A = Award/Grant; F = Payment of exercise price or tax liability (withholding/sale).
Context
This was an equity award to an executive, not an open-market purchase or a market-directed sale; the small disposal (53 shares) appears to be routine tax withholding related to the award. Such awards are common compensation actions and do not by themselves indicate a change in insider sentiment.