SEC Form SC 13G filed by Washington Trust Bancorp Inc.

2/9/22 10:01:25 AM ET

Major Banks

Finance

Get the next $WASH alert in real time by email

SC 13G 1 filing.txt SCHEDULE 13G Amendment No. 0 WASHINGTON TR BANCORP INC COMMON STOCK Cusip #940610108 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #940610108 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 87,109 Item 6: 0 Item 7: 987,116 Item 8: 0 Item 9: 987,116 Item 11: 5.696% Item 12: HC Cusip #940610108 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 987,116 Item 8: 0 Item 9: 987,116 Item 11: 5.696% Item 12: IN Item 1(a). Name of Issuer: WASHINGTON TR BANCORP INC Item 1(b). Address of Issuer's Principal Executive Offices: 23 BROAD ST WESTERLY, RI 02891 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 940610108 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 987,116 (b) Percent of Class: 5.696% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 87,109 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 987,116 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of WASHINGTON TR BANCORP INC. No one other person's interest in the COMMON STOCK of WASHINGTON TR BANCORP INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 8, 2022 Date /s/ Kevin M. Meagher Signature Kevin M. Meagher Duly authorized under Power of Attorney effective as of September 28, 2018, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on October 9, 2018, accession number: 0000315066-18-002414. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Management & Research Company LLC IA Fidelity Management Trust Company BK Strategic Advisers LLC IA Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. Neither FMR LLC nor Abigail P. Johnson has the sole power to vote or direct the voting of the shares owned directly by the various investment companies registered under the Investment Company Act ("Fidelity Funds") advised by Fidelity Management & Research Company LLC ("FMR Co. LLC"), a wholly owned subsidiary of FMR LLC, which power resides with the Fidelity Funds' Boards of Trustees. FMR Co. LLC carries out the voting of the shares under written guidelines established by the Fidelity Funds' Boards of Trustees. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on February 8, 2022, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of WASHINGTON TR BANCORP INC at December 31, 2021. FMR LLC By /s/ Kevin M. Meagher Kevin M. Meagher Duly authorized under Power of Attorney effective as of September 28, 2018, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Kevin M. Meagher Kevin M. Meagher Duly authorized under Power of Attorney effective as of September 30, 2018, by and on behalf of Abigail P. Johnson* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on October 9, 2018, accession number: 0000315066-18-002414.

Get the next $WASH alert in real time by email

Recent Analyst Ratings for

$WASH

Date	Price Target	Rating	Analyst
7/22/2025	$28.00	Neutral → Underweight	Piper Sandler
5/28/2025	$28.00	Neutral	BofA Securities
3/14/2025	$36.00	Neutral → Buy	Seaport Research Partners
10/22/2024	$30.00 → $34.00	Underweight → Neutral	Piper Sandler
1/31/2024		Buy → Neutral	Seaport Research Partners
9/12/2023	$34.00	Buy	Seaport Research Partners
5/15/2023	$27.00 → $26.00	Underweight → Neutral	Piper Sandler
4/24/2023		Neutral → Underweight	Piper Sandler

More analyst ratings

SEC Form SC 13G filed by Washington Trust Bancorp Inc.

2/9/22 10:01:25 AM ET

$WASH

Major Banks

Finance

Get the next $WASH alert in real time by email

Recent Analyst Ratings for

$WASH

Date	Price Target	Rating	Analyst
7/22/2025	$28.00	Neutral → Underweight	Piper Sandler
5/28/2025	$28.00	Neutral	BofA Securities
3/14/2025	$36.00	Neutral → Buy	Seaport Research Partners
10/22/2024	$30.00 → $34.00	Underweight → Neutral	Piper Sandler
1/31/2024		Buy → Neutral	Seaport Research Partners
9/12/2023	$34.00	Buy	Seaport Research Partners
5/15/2023	$27.00 → $26.00	Underweight → Neutral	Piper Sandler
4/24/2023		Neutral → Underweight	Piper Sandler

More analyst ratings

SEC Form SC 13G filed by Washington Trust Bancorp Inc.

Crush Q3 2025 with the Best AI Superconnector

Recent Analyst Ratings for
$WASH

SEC Form SC 13G filed by Washington Trust Bancorp Inc.

Crush Q3 2025 with the Best AI Superconnector

Recent Analyst Ratings for
$WASH

$WASH
Press Releases

Washington Trust welcomes Lighthouse Financial clients and team in strategic acquisition

Washington Trust earns Exemplary Worksite Health Award for ninth consecutive year

Washington Trust Reports Second Quarter 2025 Results

$WASH
SEC Filings

Washington Trust Bancorp Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 10-Q filed by Washington Trust Bancorp Inc.

Washington Trust Bancorp Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$WASH
Insider Purchases

SEVP, CFO and Treasurer Ohsberg Ronald S. bought $99,715 worth of shares (3,700 units at $26.95), increasing direct ownership by 19% to 22,912 units (SEC Form 4)

$WASH
Insider Trading

SEVP, CFO and Treasurer Ohsberg Ronald S. bought $99,715 worth of shares (3,700 units at $26.95), increasing direct ownership by 19% to 22,912 units (SEC Form 4)

Director Taveras Angel was granted 1,260 shares, increasing direct ownership by 86% to 2,720 units (SEC Form 4)

Director Parrillo Sandra was granted 1,260 shares, increasing direct ownership by 27% to 5,978 units (SEC Form 4)

$WASH
Analyst Ratings

Washington Trust downgraded by Piper Sandler with a new price target

BofA Securities initiated coverage on Washington Trust with a new price target

Washington Trust upgraded by Seaport Research Partners with a new price target

$WASH
Leadership Updates

Washington Trust Celebrates 15th Consecutive Year as One of Rhode Island's Best Places to Work

Washington Trust Appoints Michelle Kile to Lead Retail Banking Division

Washington Trust Appoints Anthony Botelho To Lead Bank's Commercial Banking Division

$WASH
Financials

Washington Trust Reports Second Quarter 2025 Results

Washington Trust Announces Date of Second Quarter 2025 Earnings Release, Conference Call and Webcast

Washington Trust Bancorp, Inc. Announces Quarterly Dividend

$WASH
Large Ownership Changes