Form 4: Western Alliance Bancorporation: Executive Emily Nachlas Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Emily Nachlas, Chief Risk Officer of Western Alliance Bancorporation, reports acquisition and disposal of common stock and restricted stock units.

Summary

  • On February 6, 2025, Emily Nachlas acquired 1,270 shares of Western Alliance Bancorporation common stock.
  • On the same day, Nachlas also acquired 1,903 cash-settled restricted stock units and 828 restricted stock units.
  • On February 7, 2025, Nachlas disposed of 486 shares of common stock at a price of $89.89 per share.
  • Following these transactions, Nachlas beneficially owns 14,868 shares of common stock and 5,050 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by an executive, indicating a neutral sentiment.

Future Outlook

The cash-settled restricted stock units vest monthly over a 36-month period, beginning in February 2025 and ending in January 2028.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry to ensure transparency and compliance with SEC regulations.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in beneficial ownership by a key executive.

Key Dates

DateDescription
02/06/2025Acquisition of 1,270 shares of common stock, 1,903 cash-settled restricted stock units, and 828 restricted stock units.
02/07/2025Disposal of 486 shares of common stock at $89.89 per share.
02/10/2025Date of signature by Attorney-in-fact.

Keywords

Western Alliance Bancorporation, WAL, Emily Nachlas, Chief Risk Officer, Stock Transactions, Form 4, Restricted Stock Units, Common Stock

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