Form 4: Western Alliance Bancorporation Director Sells 1,000 Shares

Bryan K. Segedi, a director at Western Alliance Bancorporation, sold 1,000 shares of common stock at $94.36 per share on November 13, 2024.

Summary

• Bryan K. Segedi, a director of Western Alliance Bancorporation, sold 1,000 shares of the company's common stock on November 13, 2024.
• The sale price was $94.36 per share.
• Following the transaction, Mr. Segedi directly owns 16,675 shares of common stock.
• He also indirectly owns 150 shares through Debra L. Hughes.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale, with no indication of positive or negative sentiment.

Industry Context

This is a routine disclosure of a stock sale by a company director, which is common in the financial industry. Such transactions are closely monitored by regulators and investors for insights into management's view of the company's prospects.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• The sale of 1,000 shares by a director is not unusual and is within the normal range of insider trading activity.
• Comparable companies also have directors who regularly buy and sell shares, and these transactions are also disclosed via Form 4 filings.

Stakeholder Impact

• The stock sale by a director may be of interest to shareholders, but is unlikely to have a significant impact on the company's operations or financial health.

Key Dates

Keywords

Western Alliance Bancorporation, WAL, insider trading, stock sale, director, Bryan K. Segedi, Form 4