Form 4: Western Alliance Bancorporation Executive Barbara Kennedy Reports Stock Transactions
SEC Form 4 Filing
Barbara Kennedy, Chief Human Resources Officer of Western Alliance Bancorporation, reports the vesting and settlement of cash-settled restricted stock units.
Summary
- On March 15, 2025, Barbara Kennedy, Chief Human Resources Officer of Western Alliance Bancorporation, reported transactions involving cash-settled restricted stock units and common stock.
- Kennedy acquired 101 shares of common stock upon the vesting of cash-settled restricted stock units, and then disposed of those 101 shares at a price of $77.24.
- Additionally, Kennedy acquired 74 shares of common stock upon the vesting of cash-settled restricted stock units, and then disposed of those 74 shares at a price of $77.24.
- Following these transactions, Kennedy directly owns 8,753 shares of common stock and indirectly owns 22,797 shares through the Kennedy Family Trust.
- Kennedy also directly owns 2,311 and 2,575 cash-settled restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, and it doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and trading activity.
Key Dates
| Date | Description |
|---|---|
| March 2024 | Start date for vesting of some cash-settled restricted stock units (1/36th monthly for 36 months). |
| 03/15/2025 | Date of the reported transactions: acquisition and disposal of common stock and vesting of cash-settled restricted stock units. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
| February 2027 | End date for vesting of some cash-settled restricted stock units (1/36th monthly for 36 months). |
| March 2025 | Start date for vesting of some cash-settled restricted stock units (1/36th monthly for 36 months). |
| February 2028 | End date for vesting of some cash-settled restricted stock units (1/36th monthly for 36 months). |
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