ALGIERE DENNIS L 4

What Happened
Dennis L. Algiere, Executive Vice President and Chief Compliance Officer (also listed as Director, Community Affairs) of Washington Trust Bancorp (WASH), was granted 1,620 shares on April 6, 2026 (reporting code A). To cover tax withholding related to that award, 733 shares were surrendered/withheld at a price of $34.16 per share (code F), totaling about $25,039. Net new shares retained from the award equal 887 shares (1,620 granted minus 733 withheld).

Key Details

• Transaction dates: April 6, 2026 (reported on Form 4 filed April 8, 2026). Filing appears timely (within the usual 2-business-day window).
• Award: 1,620 shares (code A) recorded at $0.00 on the Form 4.
• Tax withholding/disposition: 733 shares (code F) disposed at $34.16 each = ~$25,039.
• Net change: +887 shares from this grant after withholding.
• Shares owned after the transaction: not specified in the provided filing.
• Notes: Code F indicates shares were used to satisfy tax withholding related to the award.

Context
This was a stock award with shares withheld to cover taxes rather than an open-market sale or purchase. Such withholding is a routine administrative step on equity grants and does not, by itself, signal a buy or sell decision about company stock.