Form 4: Western Alliance Bancorporation Executive Barbara Kennedy Reports Stock Transactions

Barbara Kennedy, Chief Human Resources Officer of Western Alliance Bancorporation, reports the acquisition and disposal of common stock and restricted stock units.

Summary

• On June 15, 2024, Barbara Kennedy, Chief Human Resources Officer of Western Alliance Bancorporation, reported transactions involving the company's stock.
• Kennedy acquired 101 shares of common stock and disposed of 101 shares at a price of $58.61.
• Following these transactions, Kennedy directly owns 19,060 shares of common stock.
• Kennedy also indirectly owns 22,797 shares through the Barbara and Ted Kennedy TTEE Kennedy Family Trust.
• Additionally, Kennedy acquired 5,862 restricted stock units on June 17, 2024, which are payable upon her qualified retirement from the company.
• These restricted stock units represent a contingent right to receive one share of WAL common stock each.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's prospects.

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 reported transactions provide shareholders with insight into the actions of a key executive.
• The transactions may have a minor impact on the stock price due to the relatively small volume of shares involved.

Key Dates