Form 4: Western Alliance Bancorporation Director Donald D Snyder Reports Stock Acquisition and Disposal

Director Donald D Snyder reports acquiring 2,594 shares of Western Alliance Bancorporation stock and disposing of shares held in The Snyder Family Trust 1989.

Summary

• On February 6, 2025, Donald D Snyder, a director of Western Alliance Bancorporation, acquired 2,594 shares of common stock.
• The acquisition price was $0.
• Following the transaction, Mr. Snyder directly owns 104,005 shares of common stock.
• Mr. Snyder also indirectly owns 50 shares through The Snyder Family Trust 1989, which were disposed of.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are a standard requirement for corporate insiders in the US, ensuring transparency in the market.
• Similar filings are required of directors and officers of public companies in most developed markets, such as the UK, Canada and Australia.
• The level of detail required in this filing is consistent with SEC regulations and industry best practices.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects insider activity.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely negligible.

Key Dates