Form 4: Western Alliance Bancorporation Executive Timothy Boothe Reports Stock Transactions
SEC Form 4
Timothy Boothe, Chief Administration Officer of Western Alliance Bancorporation, reports the vesting and cash settlement of restricted stock units and subsequent stock disposal on September 15, 2024.
Summary
- On September 15, 2024, Timothy Boothe, Chief Administration Officer of Western Alliance Bancorporation, reported transactions involving the company's common stock.
- 97 cash-settled restricted stock units vested and were settled in cash.
- Boothe disposed of 97 shares of common stock at a price of $81.91 per share.
- Following these transactions, Boothe directly owns 62,513 shares of Western Alliance Bancorporation common stock.
- Boothe also indirectly owns 325 shares through his spouse, Alvina Boothe.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry.
Key Dates
| Date | Description |
|---|---|
| 09/15/2024 | Date of stock transactions and vesting of restricted stock units. |
| 09/17/2024 | Date of signature on the Form 4 filing. |
| March 2024 February 2027 | Vesting period for the cash-settled restricted stock units. |
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