Form 4: Western Alliance Bancorporation Executive Bruckner Tim R Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Tim R Bruckner, CBO for Regional Banking at Western Alliance Bancorporation, reports the monthly vesting and cash settlement of restricted stock units.
Summary
- On February 15, 2025, Tim R Bruckner, CBO for Regional Banking at Western Alliance Bancorporation, reported a transaction involving common stock.
- Bruckner disposed of 158 shares of common stock at a price of $88.75.
- This transaction was related to the vesting and cash settlement of restricted stock units.
- Following the reported transactions, Bruckner directly owns 27,259 shares of common stock.
- Bruckner also directly owns 3,799 cash settled restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions, so the sentiment is neutral.
Future Outlook
The restricted stock units vest monthly over a 36-month period, suggesting continued transactions in the future.
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 transaction has a minor impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| March 2024 | Start date of the 36-month vesting period for the restricted stock units. |
| February 15, 2025 | Date of the transaction involving common stock and restricted stock units. |
| February 19, 2025 | Date of signature for the report. |
| February 2027 | End date of the 36-month vesting period for the restricted stock units. |
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