Form 4: Western Alliance Bancorporation: Officer Kennedy Reports Changes in Beneficial Ownership

Barbara Kennedy, Chief Human Resources Officer of Western Alliance Bancorporation, reports transactions involving common stock and cash-settled restricted stock units.

Summary

• On October 15, 2024, Barbara Kennedy, Chief Human Resources Officer of Western Alliance Bancorporation, reported transactions related to the company's common stock and cash-settled restricted stock units.
• Kennedy acquired 101 shares of common stock through the vesting of cash-settled restricted stock units, with a value of $0.
• Simultaneously, Kennedy disposed of 101 shares of common stock at a price of $90.88 per share.
• Following these transactions, Kennedy directly owns 7,977 shares of common stock and indirectly owns 22,797 shares through the Barbara and Ted Kennedy TTEE Kennedy Family Trust.
• Kennedy also directly owns 2,816 cash-settled restricted stock units, which vest monthly over a 36-month period starting in March 2024.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by providing insight into executive stock ownership.
• The transactions have no impact on employees, customers, suppliers, or creditors.

Key Dates