Form 4: Western Alliance Bancorporation Executive 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 August 15, 2024, Jessica H. Jarvi, CLO & Secretary of Western Alliance Bancorporation, reported transactions involving the company's stock.
- Jarvi disposed of 58 shares of common stock at a price of $77.03.
- She also acquired 58 shares of common stock upon the vesting of cash-settled restricted stock units.
- Following these transactions, Jarvi directly owns 12,162 shares of common stock and indirectly owns 2,075 shares through a WAL 401(k) plan.
- She also directly owns 1,723 cash-settled restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date to include employer match for shares held in the 401K Plan. |
| 08/15/2024 | Date of the reported transactions (stock disposal and acquisition). |
| 08/19/2024 | Date of signature for the report. |
| February 2027 | End date of the 36-month vesting period for cash-settled restricted stock units. |
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