secwatch.observer — SEC 8-K summary
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Issuer:     WASHINGTON TRUST BANCORP INC (WASH)
CIK:        0000737468
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0000737468-26-000031
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Washington Trust Bancorp approves Divisional Growth Incentive Plan for four senior officers
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- Plan covers Chief Commercial Banking, Retail Banking, Wealth Management, and Retail Lending Officers.
- Payouts range from 0% to 150% of target based on loan growth, deposit funding, asset quality, and revenue.
- Metrics may include deposits, loans, assets under management, net earnings, revenues, and credit quality.
- Payments considered awards under the 2022 Long Term Incentive Plan and subject to clawback policy.
- Plan effective January 1, 2026; Committee retains discretion to modify parameters or goals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/737468/000073746826000031/0000737468-26-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/737468/000073746826000031/wash-20260217.htm
  HTML page:      https://secwatch.observer/filing/0000737468-26-000031

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