Form 4: Western Alliance Bancorporation Executive Ardrey J. Kelly Jr. Sells Shares
SEC Form 4
Ardrey J. Kelly Jr., Chief Accounting Officer of Western Alliance Bancorporation, sold 2,116 shares of common stock on July 22, 2024.
Summary
- On July 22, 2024, Ardrey J. Kelly Jr., the Chief Accounting Officer of Western Alliance Bancorporation, sold 2,116 shares of the company's common stock.
- The shares were sold at a weighted average price of $75.95, with individual transaction prices ranging from $75.93 to $76.02.
- Following the transaction, Ardrey J. Kelly Jr. directly owns 3,520 shares of Western Alliance Bancorporation's common stock.
Sentiment
Score: 5
Explanation: Neutral. This is a standard regulatory filing for an insider transaction and doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 07/22/2024 | Date of the stock sale transaction. |
| 07/24/2024 | Date of signature for the Form 4 filing. |
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