Brown James Cannon 4

What Happened
James Cannon, Senior Executive Vice President & Chief Commercial Banking Officer of Washington Trust Bancorp (WASH), reported two open-market purchases on April 23, 2026. He acquired 20,097 shares at a reported weighted-average price of $30.97 ($622,452) and 11,903 shares at $31.51 ($375,119), for a combined 32,000 shares valued at approximately $997,571. These were straight purchases (code P).

Key Details

• Transaction dates: April 23, 2026 (reported on Form 4 filed April 27, 2026). Filing appears on time under Form 4 rules.
• Reported prices and amounts: 20,097 @ $30.97 = $622,452; 11,903 @ $31.51 = $375,119; total ≈ $997,571.
• Footnotes: Reported prices are weighted averages. Footnote F1 notes a price range $30.42–$31.415; F2 notes $31.42–$31.57. A breakdown of individual trades is available on request.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Transaction type: Open-market purchases (P). No options, awards, gifts, or tax-withholding events reported here.

Context
This is a direct insider purchase by an executive (not a 10% owner), which some investors view as a positive signal because the officer added nearly $1M of company stock to his holdings. The filing shows standard open-market buys; there are no indications here of option exercises, cashless sales, or other complex derivative events.