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 April 15, 2025, Emily Nachlas, the Chief Risk Officer of Western Alliance Bancorporation, reported transactions involving the company's common stock and cash-settled restricted stock units.
- Nachlas disposed of 72 shares of common stock at a price of $66.07.
- She also disposed of 53 shares of common stock at a price of $66.07.
- Additionally, she acquired 72 and 53 shares of common stock through the vesting of cash-settled restricted stock units.
- Following these transactions, Nachlas directly owns 14,671 shares of Western Alliance Bancorporation common stock.
- She also owns 1,581 and 1,797 cash-settled restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel at Western Alliance Bancorporation.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/2024 | Cash settled restricted stock units vest 1/36th on the 15th day of each month during the 36-month period beginning March 2024 and ending February 2027. |
| 03/2025 | Cash settled restricted stock units vest 1/36th on the 15th day of each month during the 36-month period beginning March 2025 and ending February 2028. |
| 04/15/2025 | Date of reported transactions: disposal and acquisition of common stock and cash-settled restricted stock units. |
| 04/17/2025 | Date of signature by Attorney-in-fact. |
| 02/2027 | Cash settled restricted stock units vest 1/36th on the 15th day of each month during the 36-month period beginning March 2024 and ending February 2027. |
| 02/2028 | Cash settled restricted stock units vest 1/36th on the 15th day of each month during the 36-month period beginning March 2025 and ending February 2028. |
Keywords
Western Alliance Bancorporation, WAL, Form 4, Emily Nachlas, Chief Risk Officer, Stock Transactions, Cash-Settled Restricted Stock Units, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.