Washington Trust Bancorp Insiders Purchase Stocks Amid Favorable Signals

Numerous insiders at Washington Trust Bancorp have acquired stock in the last year, with Senior EVP Ronald Ohsberg buying US$100k worth of shares at a low valuation. Insiders have purchased US$189k worth of shares in total, while selling only US$15k. The company's insider ownership is at 2.2%, with insiders owning US$13m worth of shares. This suggests that insiders are optimistic about the company's future.