Form 4: Western Alliance Bancorporation: Chief Risk Officer Reports Stock Transactions
SEC Form 4 Filing
Emily Nachlas, Chief Risk Officer of Western Alliance Bancorporation, reports transactions involving common stock and cash-settled restricted stock units.
Summary
- On February 15, 2025, Emily Nachlas, the Chief Risk Officer of Western Alliance Bancorporation, executed transactions involving the company's common stock and cash-settled restricted stock units.
- Nachlas acquired 72 shares of common stock upon the vesting of cash-settled restricted stock units.
- She then disposed of 72 shares of common stock at a price of $88.75 per share.
- Additionally, 197 shares were disposed of on February 16, 2025, also at $88.75 per share.
- Following these transactions, Nachlas directly owns 14,671 shares of Western Alliance Bancorporation common stock and 1,725 cash-settled restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| March 2024 | Start of the 36-month vesting period for cash-settled restricted stock units. |
| 02/15/2025 | Date of common stock acquisition and disposition. |
| 02/16/2025 | Date of common stock disposition. |
| February 2027 | End of the 36-month vesting period for cash-settled restricted stock units. |
| 02/19/2025 | Date of signature for the report. |
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