Form 4: Western Alliance Bancorporation: Officer Jessica H. Jarvi Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jessica H. Jarvi, CLO & Secretary of Western Alliance Bancorporation, reports transactions involving common stock and cash-settled restricted stock units.
Summary
- On July 15, 2024, Jessica H. Jarvi, CLO & Secretary of Western Alliance Bancorporation, reported changes in beneficial ownership.
- Jarvi disposed of 58 shares of common stock at a price of $69.84.
- She also acquired 58 shares of common stock through the vesting of cash-settled restricted stock units.
- Following these transactions, Jarvi directly owns 12,162 shares of common stock and indirectly owns 2,075 shares through the WAL 401(k).
- She also directly owns 1,781 cash-settled restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a standard regulatory filing detailing insider transactions. It doesn't inherently indicate positive or negative performance for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company officers.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of employer match for shares held in the 401K Plan. |
| 07/15/2024 | Date of transaction involving common stock and cash-settled restricted stock units. |
| 07/17/2024 | Date of signature on the report. |
| February 2027 | End of the 36-month vesting period for cash-settled restricted stock units. |
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