Form 4: Western Alliance Bancorporation Executive Dale Gibbons Reports Stock Transactions
SEC Form 4 Filing
Dale Gibbons, Vice Chairman and CFO of Western Alliance Bancorporation, reports transactions involving common stock and cash-settled restricted stock units.
Summary
- On March 15, 2025, Dale Gibbons, the Vice Chairman and CFO of Western Alliance Bancorporation, engaged in transactions involving the company's common stock and cash-settled restricted stock units.
- Gibbons acquired 285 shares of common stock and disposed of 285 shares at a price of $77.24.
- Additionally, Gibbons acquired 212 shares of common stock and disposed of 212 shares at a price of $77.24.
- Following these transactions, Gibbons directly owns 296,358 shares of common stock and indirectly owns 613 shares through a 401K plan.
- He also owns 6,547 cash-settled restricted stock units related to the March 2024 vesting schedule and 7,403 cash-settled restricted stock units related to the March 2025 vesting schedule.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about an executive's trading activity.
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 executives like Dale Gibbons and assess their confidence in the company's prospects.
Stakeholder Impact
- Shareholders can use this information to understand the trading activity of a key executive.
- The filing provides transparency into the executive's holdings and transactions.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of employer match for shares held in the 401K Plan. |
| 03/15/2025 | Date of the reported transactions involving common stock and cash-settled restricted stock units. |
| 03/18/2025 | Date of signature by Attorney-in-fact. |
| February 2027 | End date for the 36-month vesting period of some cash-settled restricted stock units, beginning March 2024. |
| February 2028 | End date for the 36-month vesting period of some cash-settled restricted stock units, beginning March 2025. |
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