Form 4: Western Alliance Bancorporation Director Sells Shares
SEC Form 4 Filing
Robert P. Latta, a director of Western Alliance Bancorporation, sold 2,996 shares of common stock at a price of $82.75 on September 9, 2024.
Summary
- On September 9, 2024, Robert P. Latta, a director of Western Alliance Bancorporation, sold 2,996 shares of common stock.
- The sale price was $82.75 per share.
- Following the transaction, Latta directly owns 4,056 shares of common stock.
- Latta also indirectly owns 41,576 shares through the Robert P. Latta Spousal Lifetime Access Trust, dated December 4, 2020.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's common for directors and officers to buy and sell shares of their company's stock, and these transactions are reported to the SEC to ensure transparency.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but it's a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| December 4, 2020 | Date of the Robert P. Latta Spousal Lifetime Access Trust |
| 09/09/2024 | Date of the stock sale transaction |
| 09/11/2024 | Date of signature for the SEC 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.