Janes Maria N 4

What Happened
Maria N. Janes, EVP, CAO and Controller of Washington Trust Bancorp (WASH), was granted 1,620 shares as an award on April 6, 2026 (reported on Form 4). To satisfy the related tax withholding, 732 of those shares were surrendered/disposed at $34.16 per share for a withholding value of $25,005. The award was recorded at $0.00 per share (standard for compensation awards).

Key Details

• Transaction dates: April 6, 2026 (award and withholding). Form 4 filed April 8, 2026 (timely).
• Codes: A = Award/Grant (1,620 shares acquired at $0.00); F = Payment of tax liability (732 shares disposed at $34.16, $25,005).
• Net shares retained from this grant: 888 shares (1,620 granted − 732 withheld). Approximate market value of retained shares at $34.16 = ~$30,334.
• Shares owned after the transaction: not reported in the filing.
• Footnote: The 732-share disposition appears to be cashless withholding to cover tax obligations on the award (routine for equity compensation).

Context
This was a compensation-related award with shares withheld for taxes—not an open-market buy or sell. Such withholding transactions are common and generally reflect payroll/tax mechanics rather than a deliberate insider sale or purchase decision.