Form 4: Western Alliance Bancorporation Executive Bruckner Reports Stock Unit Transactions
SEC Form 4 Filing
Tim R Bruckner, CBO for Regional Banking at Western Alliance Bancorporation, reports the vesting and disposal of cash-settled restricted stock units and a corresponding stock disposal on April 15, 2024.
Summary
- On April 15, 2024, Tim R Bruckner, the CBO for Regional Banking at Western Alliance Bancorporation, engaged in transactions involving the company's stock.
- Bruckner disposed of 158 shares of common stock to cover the vesting of cash-settled restricted stock units.
- The disposal was executed at a price of $56.16 per share.
- Following the reported transactions, Bruckner directly owns 26,417 shares of Western Alliance Bancorporation common stock.
- Bruckner also holds 5,379 cash-settled restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel at Western Alliance Bancorporation.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent a small portion of the company's outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of stock and derivative security transactions. |
| 04/17/2024 | Date of signature for the report. |
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