Form 4: Western Alliance Bancorporation Executive Jessica H. Jarvi Reports Stock Transactions
SEC Form 4 Filing
Jessica H. Jarvi, CLO & Secretary of Western Alliance Bancorporation, reports transactions involving common stock and cash-settled restricted stock units.
Summary
- On February 15, 2025, Jessica H. Jarvi exercised 58 cash-settled restricted stock units, receiving cash.
- Also on February 15, 2025, Jarvi disposed of 58 shares of common stock at a price of $88.75.
- On February 16, 2025, Jarvi disposed of 238 shares of common stock at a price of $88.75.
- Following these transactions, Jarvi directly owns 12,457 shares of common stock.
- Jarvi also indirectly owns 2,075 shares of common stock through the WAL 401(k) plan.
- Jarvi directly owns 1,375 cash-settled restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- Shareholders can use this information to understand insider sentiment and potential future stock performance.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of employer match for shares held in the 401K Plan. |
| 02/15/2025 | Date of transaction involving cash-settled restricted stock units and common stock. |
| 02/16/2025 | Date of transaction involving common stock. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
| March 2024 February 2027 | Vesting period for cash-settled restricted stock units. |
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