Noons Mary E. 4
Research Summary
AI-generated summary
Washington Trust (WASH) President Mary Noons Receives Award; Sells 1,381 Shares
What Happened
- Mary E. Noons, President and COO of Washington Trust Bancorp (WASH), was granted 3,046 shares (reported as an award, code A) on 2026-04-06. To cover tax withholding related to the award (code F), 1,381 shares were disposed at $34.16 per share, generating $47,175. The Form 4 was filed on 2026-04-08.
Key Details
- Transaction dates: grant and withholding both dated 2026-04-06; Form 4 filed 2026-04-08 (appears timely).
- Award: 3,046 shares acquired at $0.00 (reported as an award/grant).
- Withholding: 1,381 shares disposed at $34.16 per share for a total of $47,175 (tax withholding).
- Shares owned after transaction: not specified in the filing.
- Codes: A = Award/Grant; F = Payment of exercise price or tax liability (here used for share withholding to cover taxes).
Context
- This was not a market purchase or a voluntary sale for investment — it reflects receipt of an equity award and routine withholding of shares to satisfy tax obligations (a common, administrative disposition). Such tax-withholding dispositions are not necessarily a signal about the insider’s view of the company.