Form 4: Western Alliance Bancorporation Executive Reports Stock Transactions

Dale Gibbons, Vice Chairman and CFO of Western Alliance Bancorporation, reports acquisition and disposal of company stock and restricted stock units.

Summary

• On February 6, 2025, Dale Gibbons acquired 5,077 shares of Western Alliance Bancorporation common stock.
• On February 7 and 8, 2025, Gibbons disposed of 2,244 and 1,201 shares respectively at a price of $89.89.
• Gibbons also acquired 7,615 cash-settled restricted stock units and 3,311 restricted stock units on February 6, 2025.
• Following these transactions, Gibbons beneficially owns 296,358 shares of common stock directly and 613 shares indirectly through a 401K plan.
• Gibbons also owns 7,615 cash-settled restricted stock units and 24,424 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry. It provides transparency into the executive's holdings and transactions in the company's stock.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies, particularly in the financial sector.
• Similar filings are made by executives at companies like JPMorgan Chase & Co. (JPM), Bank of America (BAC), and Citigroup (C) to disclose changes in their beneficial ownership of company stock.
• The reporting requirements are standardized by the SEC, ensuring transparency across the industry.

Stakeholder Impact

• Shareholders are informed about the stock transactions of a key executive, providing insight into management's perspective on the company's value.
• The transactions may have a minor impact on the stock price due to the volume of shares involved.

Key Dates