Handy Edward O. III 4

What Happened Edward O. Handy III, Chairman, CEO and a director of Washington Trust Bancorp, reported an open-market purchase of 3,195 common shares on 2026-04-27. The reported weighted-average price was $31.32, for a total transaction value of approximately $100,079. This was a purchase (a net acquisition), which investors often view as a bullish signal from management.

Key Details

• Transaction date: 2026-04-27; Form 4 filed: 2026-04-28 (appears timely).
• Transaction type: Purchase (code P) — open-market or private purchase reported.
• Price: weighted average $31.32; reported range $31.23–$31.40 (footnote F1).
• Shares acquired: 3,195; total value ≈ $100,079.
• Shares owned after transaction: not specified in the provided excerpt.
• Footnote F2: reported balance reflects dividend reinvestments exempt from Form 4 reporting under Rule 16a-11.
• No 10b5-1 plan, tax withholding, or late-filing flag was indicated in the information provided.

Context This is a straightforward insider purchase reported on a Form 4. Purchases by executives can signal confidence but are only one data point; do not infer motives. Dividend reinvestments noted in the filing are routine and exempt from separate Form 4 reporting.