Form 4: Western Alliance Bancorporation Executive Reports Stock Transactions

Jessica H. Jarvi, CLO & Secretary of Western Alliance Bancorporation, reported transactions involving common stock and cash-settled restricted stock units.

Summary

• Jessica H. Jarvi, the CLO & Secretary of Western Alliance Bancorporation, filed a Form 4 detailing changes in beneficial ownership.
• On December 15, 2024, Ms. Jarvi acquired 58 shares of common stock through the vesting of cash-settled restricted stock units at a price of $0.
• On the same day, she disposed of 58 shares of common stock at a price of $91.09.
• Following these transactions, Ms. Jarvi directly owns 12,162 shares of common stock and indirectly owns 2,075 shares through the WAL 401(k) plan.
• She also holds 1,491 cash-settled restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of stock transactions, and does not indicate any positive or negative sentiment.

Industry Context

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

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions are typical for executives receiving stock-based compensation.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Western Alliance Bancorporation, WAL, Jessica H. Jarvi, Restricted Stock Units, Executive Compensation