Form 4: Western Alliance Bancorporation Executive Stephen Curley Reports Transaction
SEC Form 4
Stephen Curley, Chief Banking Officer at Western Alliance Bancorporation, reports the vesting and cash settlement of restricted stock units.
Summary
- On August 15, 2024, Stephen Curley, Chief Banking Officer of Western Alliance Bancorporation, reported a transaction involving cash-settled restricted stock units.
- 165 restricted stock units vested and were settled in cash.
- The price per share for the disposed shares was $77.03.
- Following the transaction, Curley directly owns 36,718 shares of Western Alliance Bancorporation common stock and 4,964 cash-settled restricted stock units.
- These units vest monthly over a 36-month period, starting in March 2024 and ending in February 2027.
Sentiment
Score: 5
Explanation: This is a routine insider transaction filing, indicating the vesting of compensation. It doesn't inherently suggest positive or negative sentiment.
Future Outlook
The restricted stock units vest monthly over a 36-month period, starting in March 2024 and ending in February 2027.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted compensation.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of transaction: vesting and cash settlement of restricted stock units. |
| 08/19/2024 | Date of signature on the report. |
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