Form 4: Western Alliance Bancorporation Director Marianne Boyd Johnson Reports Stock Sale

Director Marianne Boyd Johnson reports selling 12,516 shares of Western Alliance Bancorporation (WAL) at $81 per share on August 30, 2024.

Summary

• Marianne Boyd Johnson, a director of Western Alliance Bancorporation, filed a Form 4 with the SEC.
• On August 30, 2024, she sold 12,516 shares of Western Alliance Bancorporation (WAL) common stock at a price of $81 per share.
• Following the transaction, Ms. Johnson directly owns 7,351 shares.
• She also has indirect ownership through various trusts and entities, including the Samuel J. Johnson (spouse), The Marianne E. Boyd Trust, and WSB-WAL LLC.
• Ms. Johnson disclaims beneficial ownership in all but 1,336,730 shares held by the SMW WAL Irrevocable Trust, for which she serves as trustee.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of a stock sale by a director. The sale itself doesn't inherently indicate positive or negative sentiment towards the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates a sale of shares by a director, which could be for various personal financial reasons and doesn't necessarily reflect a negative outlook on the company.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.

Key Dates