Form 4: Western Alliance Bancorporation Director Marianne Boyd Johnson Reports Gift of Shares
SEC Form 4
Director Marianne Boyd Johnson reported a gift of Western Alliance Bancorporation common stock, resulting in changes to her beneficial ownership.
Summary
- On June 18, 2024, Marianne Boyd Johnson, a director of Western Alliance Bancorporation, reported a transaction involving the company's common stock.
- The transaction involved a gift of 3,086 shares of common stock.
- Following the transaction, Johnson directly owns 19,867 shares and indirectly owns shares through various trusts and entities, including The Marianne E. Boyd Trust, WSB-WAL LLC, and SMW WAL Irrevocable Trust.
- Johnson disclaims beneficial ownership of all but 1,336,730 shares held by the SMW WAL Irrevocable Trust, for which she serves as trustee.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence for publicly traded companies.
Stakeholder Impact
- The change in ownership may have a minor impact on shareholders due to the small number of shares involved in the transaction.
Key Dates
| Date | Description |
|---|---|
| April 14, 2005 | Date of the Boyd 2005 Irrevocable Trust. |
| April 15, 2005 | Date of the Boyd 2005 Irrevocable Trust. |
| January 9, 2007 | Date of The Marianne E. Boyd Trust. |
| March 13, 2023 | Date of the SMW WAL Irrevocable Trust. |
| June 18, 2024 | Date of the transaction (gift of shares). |
| June 21, 2024 | Date of signature on the Form 4 filing. |
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.