Form 4: Western Alliance Bancorporation Executive Jessica H. Jarvi Reports Stock Transactions

Jessica H. Jarvi, CLO & Secretary of Western Alliance Bancorporation, reports acquisition and disposal of company stock and restricted stock units.

Summary

• On February 6, 2025, Jessica H. Jarvi acquired 1,104 shares of Western Alliance Bancorporation common stock.
• On the same day, Jarvi acquired 1,655 cash-settled restricted stock units, vesting monthly over 36 months starting in February 2025.
• Additionally, 1,104 restricted stock units were acquired, payable upon qualified retirement.
• On February 7, 2025, Jarvi disposed of 571 shares of common stock at a price of $89.89.
• Following these transactions, Jarvi directly owns 12,695 shares of common stock and indirectly owns 2,075 shares through a WAL 401(k).
• Jarvi also holds 1,655 cash-settled restricted stock units and 4,482 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by an insider, with 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

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider activity.
• The vesting schedule of the restricted stock units incentivizes the reporting person.

Key Dates

Keywords

Form 4, beneficial ownership, stock transaction, restricted stock units, Western Alliance Bancorporation, WAL, Jarvi, Jessica H. Jarvi