Form 4: Western Alliance Bancorporation Executive Stephen Curley Reports Stock Transactions
SEC Form 4 Filing
Stephen Curley, Chief Banking Officer at Western Alliance Bancorporation, reports the vesting and cash settlement of restricted stock units and subsequent disposition of shares.
Summary
- On May 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.
- 165 shares were disposed of at a price of $64.79.
- Following these transactions, Curley directly owns 41,788 shares of Western Alliance Bancorporation common stock and 5,459 cash-settled restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent 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.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/--/2024 | Beginning of 36-month vesting period for restricted stock units |
| 05/15/2024 | Date of transaction: vesting of restricted stock units and disposition of shares |
| 05/17/2024 | Date of signature for the report |
| 02/--/2027 | End of 36-month vesting period for restricted stock units |
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