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

Jessica H. Jarvi, CLO & Secretary of Western Alliance Bancorporation, reports the vesting and cash settlement of restricted stock units.

Summary

• Jessica H. Jarvi, CLO & Secretary of Western Alliance Bancorporation, filed a Form 4 detailing changes in beneficial ownership.
• On May 15, 2025, Jarvi vested and settled 58 cash-settled restricted stock units, receiving cash and disposing of the equivalent number of common stock shares.
• The price per share for one transaction was $78.36.
• Another transaction on the same day involved the vesting and settlement of 46 cash-settled restricted stock units, also with a corresponding disposal of common stock shares at $78.36.
• Following these transactions, Jarvi directly owns 12,457 shares of common stock and indirectly owns 2,074 shares through a WAL 401(k).
• Jarvi also holds 1,201 and 1,517 cash-settled restricted stock units after the reported transactions.

Sentiment

Score: 5

Explanation: This Form 4 filing is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the executive's holdings.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Monitoring executive stock transactions is a common practice in financial analysis.
• Comparing the volume and frequency of these transactions with those of executives at peer institutions like Bank of America or JPMorgan Chase can provide insights into relative valuation and sentiment.
• However, without additional context, it's difficult to determine if these transactions are indicative of broader trends or simply personal financial decisions.

Stakeholder Impact

• The transactions reported in this filing may be of interest to shareholders as they provide insight into the actions of company leadership.
• However, the impact on other stakeholders such as employees, customers, suppliers, and creditors is likely minimal.

Key Dates

Keywords

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