Form 4: Western Alliance Bancorporation Executive Stephen Curley Reports Stock Transactions

Stephen Curley, Chief Banking Officer of Western Alliance Bancorporation, reports the vesting and disposal of cash-settled restricted stock units and common stock transactions.

Summary

• On September 15, 2024, Stephen Curley, Chief Banking Officer of Western Alliance Bancorporation, reported transactions involving common stock and cash-settled restricted stock units.
• 165 cash-settled restricted stock units vested and were settled in cash.
• Concurrently, 165 shares of common stock were disposed of at a price of $81.91 per share.
• Following these transactions, Curley directly owns 36,718 shares of common stock and 4,799 cash-settled restricted stock units.
• The restricted stock units vest monthly over a 36-month period, starting in March 2024 and ending in February 2027.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and potential alignment with company performance.

Stakeholder Impact

• The transactions may provide stakeholders with insights into management's perspective on the company's stock value.

Key Dates