{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-026655","form_type":"8-K","ticker":"WASH","cik":"0000737468","company_name":"WASHINGTON TRUST BANCORP INC","filed_at":"2025-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.238053+00:00","generated_at":"2026-05-24T09:27:47.474534+00:00","sec_items":["5.02","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Washington Trust Bancorp reinstates Annual Performance Plan with PPNR and ROAA metrics","bullets":["Committee approved plan replacing 2024 Executive Bonus Plan, effective March 18, 2025.","Corporate metrics: Pre-tax Pre-Provision Net Revenue and Return on Average Assets, equally weighted.","Target incentive levels vary by position; maximum payout 150% of target.","Individual performance component allows 0%-150% payout based on job performance.","Plan is performance-based under 2022 Long Term Incentive Plan, exempt from Section 409A."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-026655","json":"https://secwatch.observer/filing/0001104659-25-026655.json","markdown":"https://secwatch.observer/filing/0001104659-25-026655.md","text":"https://secwatch.observer/filing/0001104659-25-026655.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/737468/000110465925026655/0001104659-25-026655-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/737468/000110465925026655/tm259926d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T09:27:47.474534+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}