Form 4: Western Alliance Bancorporation Executive Timothy Boothe Reports Stock Transactions
SEC Form 4 Filing
Chief Operating Officer Timothy Boothe of Western Alliance Bancorporation reports the vesting and cash settlement of restricted stock units and subsequent disposal of shares.
Summary
- On May 15, 2024, Timothy W Boothe, Chief Operating Officer of Western Alliance Bancorporation, reported transactions involving the company's common stock.
- Boothe disposed of 97 shares of common stock to cover the vesting of cash-settled restricted stock units.
- He also disposed of 97 shares at a price of $64.79.
- Following these transactions, Boothe directly owns 62,513 shares of Western Alliance Bancorporation common stock and indirectly owns 325 shares through his spouse, Alvina Boothe.
- He also directly owns 3,204 cash-settled restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is standard practice for publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transactions and vesting of restricted stock units. |
| 05/17/2024 | Date of signature for the report. |
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