Form 4: Western Alliance Bancorporation: Officer Boothe Reports Stock Transactions

Chief Administration Officer Timothy W. Boothe reports acquisition and disposal of Western Alliance Bancorporation stock and restricted stock units.

Summary

• On February 6, 2025, Timothy W. Boothe acquired 1,656 shares of Western Alliance Bancorporation common stock.
• On February 8, 2025, Boothe disposed of 307 shares at $89.89.
• On February 7, 2025, Boothe disposed of 660 shares at $89.89.
• Boothe also acquired 2,483 cash-settled restricted stock units and 1,104 restricted stock units on February 6, 2025.
• Following these transactions, Boothe directly owns 63,202 shares of common stock and indirectly owns 325 shares through his spouse, Alvina Boothe.
• Boothe also owns 2,483 cash-settled restricted stock units and 6,804 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by an officer, with no inherent positive or negative sentiment.

Future Outlook

The cash-settled restricted stock units vest monthly over a 36-month period beginning in February 2025 and ending in January 2028.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for officers of publicly traded companies, providing transparency into their trading activities in the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
• Comparable companies like Bank of America (BAC) and JPMorgan Chase (JPM) also have frequent Form 4 filings by their officers and directors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company officer.
• The impact is likely minimal unless the transactions are part of a larger trend or signal a significant change in the officer's outlook on the company.

Key Dates