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 the vesting and disposal of restricted stock units and common stock transactions.
Summary
- On July 15, 2024, Emily Nachlas, the Chief Risk Officer of Western Alliance Bancorporation, reported transactions involving common stock and cash-settled restricted stock units.
- 72 restricted stock units vested and were settled in cash.
- Nachlas disposed of 72 shares of common stock at a price of $69.84 per share.
- Following these transactions, Nachlas directly owns 14,084 shares of Western Alliance Bancorporation common stock and 2,229 cash-settled restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The restricted stock units vest in monthly installments over a 36-month period, beginning in March 2024 and ending in February 2027.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership in the company.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of stock and restricted stock unit transactions. |
| 07/17/2024 | Date of signature on the Form 4 filing. |
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