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

Timothy W. Boothe, Chief Administration Officer of Western Alliance Bancorporation, reports the vesting and disposal of cash-settled restricted stock units and common stock transactions.

Summary

• On October 15, 2024, Timothy W. Boothe, Chief Administration Officer of Western Alliance Bancorporation, reported transactions involving common stock and cash-settled restricted stock units.
• Boothe disposed of 97 common stock units related to vested cash-settled restricted stock units.
• The disposal of common stock was executed at a price of $90.88.
• Following the reported transactions, Boothe directly owns 62,513 shares of common stock and indirectly owns 325 shares through Alvina Boothe (spouse).
• Boothe directly owns 2,719 cash-settled restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in beneficial ownership of company stock.

Key Dates