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

Emily Nachlas, Chief Risk Officer of Western Alliance Bancorporation, reports the vesting and cash settlement of restricted stock units.

Summary

• Emily Nachlas, the Chief Risk Officer of Western Alliance Bancorporation, filed a Form 4 detailing changes in beneficial ownership.
• On March 15, 2025, Nachlas had 72 and 53 cash-settled restricted stock units vest and were payable in cash.
• These units are part of a plan where 1/36th of the units vest on the 15th of each month over a 36-month period.
• The first set of units began vesting in March 2024 and will end in February 2027, while the second set began vesting in March 2025 and will end in February 2028.
• Nachlas disposed of 72 shares at $77.24 and 53 shares at $77.24.
• Following these transactions, Nachlas directly owns 14,671 shares of Western Alliance Bancorporation common stock.
• Nachlas also owns 1,653 and 1,850 cash-settled restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, with neutral sentiment.

Future Outlook

The reporting person will continue to receive monthly vesting of cash-settled restricted stock units through February 2027 and February 2028.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial services industry.

Stakeholder Impact

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

Key Dates