Form 4: Western Alliance Bancorporation Executive Bruckner Tim R Reports Stock Transactions
SEC Form 4
Tim R Bruckner, CBO for Regional Banking at Western Alliance Bancorporation, reports the vesting and disposal of cash-settled restricted stock units and common stock transactions on April 15, 2025.
Summary
- On April 15, 2025, Tim R Bruckner, the CBO for Regional Banking at Western Alliance Bancorporation, engaged in transactions involving common stock and cash-settled restricted stock units.
- Bruckner disposed of 158 shares of common stock at $66.07 per share and acquired 158 shares through the vesting of cash-settled restricted stock units.
- Additionally, Bruckner disposed of 115 shares of common stock at $66.07 per share and acquired 115 shares through the vesting of cash-settled restricted stock units.
- Following these transactions, Bruckner directly owns 27,259 shares of common stock and holds 3,483 and 3,908 cash-settled restricted stock units respectively.
- The cash-settled restricted stock units vest monthly over a 36-month period.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
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 to the market regarding the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership of a key executive.
Key Dates
| Date | Description |
|---|---|
| March 2024 | Start date for vesting of 1/36th of 158 cash-settled restricted stock units monthly for 36 months. |
| April 15, 2025 | Date of reported transactions: vesting of cash-settled restricted stock units and disposal of common stock. |
| April 17, 2025 | Date of signature by Attorney-in-fact. |
| February 2027 | End date for vesting of 1/36th of 158 cash-settled restricted stock units monthly for 36 months. |
| March 2025 | Start date for vesting of 1/36th of 115 cash-settled restricted stock units monthly for 36 months. |
| February 2028 | End date for vesting of 1/36th of 115 cash-settled restricted stock units monthly for 36 months. |
Keywords
Form 4, Western Alliance Bancorporation, WAL, Tim R Bruckner, CBO, Regional Banking, Stock Transactions, Cash-Settled Restricted Stock Units, Common Stock, Beneficial Ownership
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