Form 4: Western Alliance Bancorporation: Executive Barbara Kennedy Reports Stock Transactions
SEC Form 4 Filing
Barbara Kennedy, Chief Human Resources Officer at Western Alliance Bancorporation, reports the vesting and settlement of cash-settled restricted stock units.
Summary
- On August 15, 2024, Barbara Kennedy, the Chief Human Resources Officer of Western Alliance Bancorporation, reported transactions involving the company's common stock and cash-settled restricted stock units.
- Kennedy acquired 101 shares of common stock upon the vesting of cash-settled restricted stock units.
- Simultaneously, 101 shares were disposed of at a price of $77.03 per share.
- Following these transactions, Kennedy directly owns 19,161 shares of Western Alliance Bancorporation common stock.
- Kennedy also indirectly owns 22,797 shares through the Barbara and Ted Kennedy TTEE Kennedy Family Trust.
- She also directly owns 3,018 cash-settled restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their sentiment towards the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock and derivative transactions |
| 08/19/2024 | Date of signature on the Form 4 filing |
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