Form 4: Western Alliance Bancorporation Executive Stephen Curley Reports Stock Transactions
SEC Form 4 Filing
Stephen Curley, Chief Banking Officer of Western Alliance Bancorporation, reports the vesting and disposal of cash-settled restricted stock units and the acquisition of restricted stock units.
Summary
- On June 15, 2024, Stephen Curley, Chief Banking Officer of Western Alliance Bancorporation, reported transactions involving the company's stock.
- Curley vested 165 cash-settled restricted stock units, receiving cash for them.
- He also disposed of 165 shares of common stock at a price of $58.61 per share.
- On June 17, 2024, Curley acquired 9,630 restricted stock units, payable upon qualified retirement.
- Following these transactions, Curley directly owns 41,788 shares of common stock and 9,630 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The restricted stock units acquired on June 17, 2024, are payable upon the Reporting Person's Qualified Retirement from the Company as described in the Plan documents.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of key personnel.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 06/15/2024 | Vesting of 165 cash-settled restricted stock units and disposal of 165 shares of common stock. |
| 06/17/2024 | Acquisition of 9,630 restricted stock units. |
| 06/18/2024 | Date of signature for the Form 4 filing. |
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