[Form 4] Western Alliance Bancorporation Insider Trading Activity
Western Alliance Bancorporation (WAL) Form 4 summary: Lynne Herndon, Chief Credit Officer and officer of Western Alliance, reported transactions dated 08/15/2025 involving both acquisitions and dispositions of common stock and vested cash-settled restricted stock units. The filing shows acquisitions under plan codes referenced as 35 and 22 that are cash-settled restricted stock units which vest monthly over multi-year schedules. Separate dispositions on the same date reflect sales at $82.55 per share. After the reported transactions the filing shows Ms. Herndon beneficially owned 1,359 shares of common stock. The explanatory notes state the two classes of units vest 1/36th monthly beginning March 2024 (ending Feb 2027) and March 2025 (ending Feb 2028) and that each unit is the economic equivalent of one share.
Western Alliance Bancorporation (WAL) riepilogo del Form 4: Lynne Herndon, Chief Credit Officer e dirigente di Western Alliance, ha segnalato operazioni datate 15/08/2025 che includono sia acquisizioni sia cessioni di azioni ordinarie e unit脿 azionarie vincolate in contanti gi脿 maturate. La comunicazione indica acquisizioni sotto i codici di piano 35 e 22, che corrispondono a unit脿 azionarie vincolate in contanti che maturano mensilmente secondo piani pluriennali. Disposizioni separate nella stessa data indicano vendite a $82.55 per azione. Dopo le operazioni riportate la comunicazione indica che la signora Herndon possedeva beneficiariamente 1.359 azioni ordinarie. Le note esplicative precisano che le due classi di unit脿 maturano 1/36 ogni mese a partire da marzo 2024 (conclusione febbraio 2027) e marzo 2025 (conclusione febbraio 2028) e che ogni unit脿 猫 l'equivalente economico di una azione.
Western Alliance Bancorporation (WAL) resumen del Form 4: Lynne Herndon, Chief Credit Officer y directiva de Western Alliance, inform贸 transacciones con fecha 15/08/2025 que incluyen tanto adquisiciones como disposiciones de acciones ordinarias y unidades restringidas liquidadas en efectivo ya devengadas. La presentaci贸n muestra adquisiciones bajo los c贸digos de plan 35 y 22, que son unidades restringidas liquidadas en efectivo que se devengan mensualmente conforme a cronogramas plurianuales. Disposiciones separadas en la misma fecha reflejan ventas a $82.55 por acci贸n. Tras las transacciones informadas, la presentaci贸n indica que la Sra. Herndon pose铆a de forma beneficiaria 1.359 acciones ordinarias. Las notas explicativas se帽alan que las dos clases de unidades se devengan a raz贸n de 1/36 cada mes desde marzo de 2024 (finaliza febrero de 2027) y marzo de 2025 (finaliza febrero de 2028) y que cada unidad equivale econ贸micamente a una acci贸n.
Western Alliance Bancorporation (WAL) Form 4 鞖旍暯: Western Alliance鞚� 斓滉碃鞁犾毄毂呾瀯鞛�(Chief Credit Officer)鞚挫瀽 鞛勳洂鞚� Lynne Herndon鞚� 2025-08-15鞚检瀽 瓯半灅毳� 氤搓碃頄堨溂氅�, 頃措嫻 瓯半灅鞐愲姅 氤错喌欤� 旆摑 氚� 觳橂秳瓿� 順勱笀鞝曥偘順� 鞝滍暅欤检嫕雼渼(RSU)鞚� 靹膘垯攵勳澊 韽暔霅橃柎 鞛堨姷雼堧嫟. 鞝滌稖靹滌棎電� 頂岆灉 旖旊摐 35 氚� 22鞐� 霐半ジ 旆摑鞚� 旮办灛霅橃柎 鞛堧姅雿�, 鞚措姅 雼る厔臧� 鞚检爼鞐� 霐半澕 毵れ洈 靹膘垯霅橂姅 順勱笀鞝曥偘順� 鞝滍暅欤检嫕雼渼鞛呺媹雼�. 臧欖潃 雮犾鞚� 氤勲弰 觳橂秳 頃鞚� 欤茧嫻 $82.55鞐� 毵る弰霅� 瓴冹溂搿� 雮橅儉雮╇媹雼�. 氤搓碃霅� 瓯半灅 鞚错泟 頃措嫻 鞝滌稖靹滊姅 Herndon 鞌皜 鞁れ鞝侅溂搿� 1,359欤茧ゼ 氤挫湢頃橁碃 鞛堨潓鞚� 氤挫棳欷嶋媹雼�. 靹る獏 雲疙姼鞐愲姅 霊� 鞙犿槙鞚� 雼渼臧� 2024雲� 3鞗�(2027雲� 2鞗� 膦呺)攵�韯� 氚� 2025雲� 3鞗�(2028雲� 2鞗� 膦呺)攵�韯� 臧侁皝 毵れ洈 1/36鞌� 靹膘垯頃橂┌, 臧� 雼渼電� 頃� 欤检棎 頃措嫻頃橂姅 瓴届牅鞝� 須牓鞚� 臧�歆勲嫟瓿� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟.
Western Alliance Bancorporation (WAL) r茅sum茅 du Form 4 : Lynne Herndon, Chief Credit Officer et dirigeante de Western Alliance, a d茅clar茅 des transactions dat茅es du 15/08/2025 comprenant 脿 la fois des acquisitions et des cessions d'actions ordinaires ainsi que des unit茅s d'actions restreintes r茅gl茅es en esp猫ces arriv茅es 脿 茅ch茅ance. Le d茅p么t indique des acquisitions sous les codes de plan 35 et 22, qui correspondent 脿 des unit茅s restreintes r茅gl茅es en esp猫ces vestant mensuellement selon des calendriers pluriannuels. Des cessions distinctes 脿 la m锚me date refl猫tent des ventes 脿 $82.55 par action. Apr猫s les transactions d茅clar茅es, le d茅p么t montre que Mme Herndon d茅tenait effectivement 1 359 actions ordinaires. Les notes explicatives pr茅cisent que les deux cat茅gories d'unit茅s vestent 脿 raison de 1/36 chaque mois 脿 partir de mars 2024 (fin f茅vrier 2027) et mars 2025 (fin f茅vrier 2028) et que chaque unit茅 茅quivaut 茅conomiquement 脿 une action.
Western Alliance Bancorporation (WAL) Form 4 Zusammenfassung: Lynne Herndon, Chief Credit Officer und Gesch盲ftsf眉hrerin von Western Alliance, meldete Transaktionen vom 15.08.2025, die sowohl Erwerbe als auch Ver盲u脽erungen von Stammaktien sowie ausge眉bte, barabgewickelte Restricted Stock Units umfassen. Die Einreichung weist Erwerbe unter den Plancode 35 und 22 aus; hierbei handelt es sich um barabgewickelte Restricted Stock Units, die monatlich nach mehrj盲hrigen Zeitpl盲nen vesten. Getrennte Ver盲u脽erungen am selben Datum zeigen Verk盲ufe zu $82.55 pro Aktie. Nach den gemeldeten Transaktionen weist die Einreichung aus, dass Frau Herndon wirtschaftlich 1.359 Stammaktien besa脽. Die erl盲uternden Hinweise besagen, dass die beiden Klassen von Einheiten ab M盲rz 2024 (Ende Februar 2027) bzw. M盲rz 2025 (Ende Februar 2028) monatlich mit je 1/36 vesten und dass jede Einheit dem wirtschaftlichen Gegenwert einer Aktie entspricht.
- Receipt of time鈥慴ased compensation: Cash鈥憇ettled restricted stock units were credited under two award schedules, demonstrating ongoing alignment of compensation with multi鈥憏ear service.
- Transparent disclosure: Filing provides specific vesting schedules and states each unit equals the economic equivalent of one share.
- Partial sell鈥慸own: The reporting person disposed of shares on 08/15/2025 at $82.55 per share, reducing direct holdings to 1,359 shares.
Insights
TL;DR: Transactions reflect routine compensation vesting and a contemporaneous partial sale at $82.55, leaving 1,359 shares owned.
The Form 4 documents both the vesting/accrual of cash-settled restricted stock units under two separate award schedules and contemporaneous open-market dispositions executed on 08/15/2025 at $82.55 per share. The RSU explanations specify monthly 1/36th vesting across two different grant cycles, confirming the awards are structured as time-based compensation rather than option exercises. The net reported direct beneficial ownership after these entries is 1,359 common shares. For investors, this is a disclosure of insider compensation realization and a partial monetization event; it does not, on its face, indicate a change in corporate guidance, credit position, or material corporate event.
TL;DR: Filing shows standard officer compensation vesting and required Section 16 disclosure of contemporaneous share sales.
The filing identifies Lynne Herndon as an officer (Chief Credit Officer) and records both the maturation/settlement of cash-settled RSUs (plan codes labeled 35 and 22) and sales reported under Section 16. The explanatory remarks clarify vesting timetables and the cash-settled nature (each unit equals the economic equivalent of one share). Execution and signature by an attorney-in-fact appear on 08/18/2025, consistent with procedural SEC Form 4 requirements. This is a routine insider disclosure used to maintain transparency of officer compensation realization and share dispositions.
Western Alliance Bancorporation (WAL) riepilogo del Form 4: Lynne Herndon, Chief Credit Officer e dirigente di Western Alliance, ha segnalato operazioni datate 15/08/2025 che includono sia acquisizioni sia cessioni di azioni ordinarie e unit脿 azionarie vincolate in contanti gi脿 maturate. La comunicazione indica acquisizioni sotto i codici di piano 35 e 22, che corrispondono a unit脿 azionarie vincolate in contanti che maturano mensilmente secondo piani pluriennali. Disposizioni separate nella stessa data indicano vendite a $82.55 per azione. Dopo le operazioni riportate la comunicazione indica che la signora Herndon possedeva beneficiariamente 1.359 azioni ordinarie. Le note esplicative precisano che le due classi di unit脿 maturano 1/36 ogni mese a partire da marzo 2024 (conclusione febbraio 2027) e marzo 2025 (conclusione febbraio 2028) e che ogni unit脿 猫 l'equivalente economico di una azione.
Western Alliance Bancorporation (WAL) resumen del Form 4: Lynne Herndon, Chief Credit Officer y directiva de Western Alliance, inform贸 transacciones con fecha 15/08/2025 que incluyen tanto adquisiciones como disposiciones de acciones ordinarias y unidades restringidas liquidadas en efectivo ya devengadas. La presentaci贸n muestra adquisiciones bajo los c贸digos de plan 35 y 22, que son unidades restringidas liquidadas en efectivo que se devengan mensualmente conforme a cronogramas plurianuales. Disposiciones separadas en la misma fecha reflejan ventas a $82.55 por acci贸n. Tras las transacciones informadas, la presentaci贸n indica que la Sra. Herndon pose铆a de forma beneficiaria 1.359 acciones ordinarias. Las notas explicativas se帽alan que las dos clases de unidades se devengan a raz贸n de 1/36 cada mes desde marzo de 2024 (finaliza febrero de 2027) y marzo de 2025 (finaliza febrero de 2028) y que cada unidad equivale econ贸micamente a una acci贸n.
Western Alliance Bancorporation (WAL) Form 4 鞖旍暯: Western Alliance鞚� 斓滉碃鞁犾毄毂呾瀯鞛�(Chief Credit Officer)鞚挫瀽 鞛勳洂鞚� Lynne Herndon鞚� 2025-08-15鞚检瀽 瓯半灅毳� 氤搓碃頄堨溂氅�, 頃措嫻 瓯半灅鞐愲姅 氤错喌欤� 旆摑 氚� 觳橂秳瓿� 順勱笀鞝曥偘順� 鞝滍暅欤检嫕雼渼(RSU)鞚� 靹膘垯攵勳澊 韽暔霅橃柎 鞛堨姷雼堧嫟. 鞝滌稖靹滌棎電� 頂岆灉 旖旊摐 35 氚� 22鞐� 霐半ジ 旆摑鞚� 旮办灛霅橃柎 鞛堧姅雿�, 鞚措姅 雼る厔臧� 鞚检爼鞐� 霐半澕 毵れ洈 靹膘垯霅橂姅 順勱笀鞝曥偘順� 鞝滍暅欤检嫕雼渼鞛呺媹雼�. 臧欖潃 雮犾鞚� 氤勲弰 觳橂秳 頃鞚� 欤茧嫻 $82.55鞐� 毵る弰霅� 瓴冹溂搿� 雮橅儉雮╇媹雼�. 氤搓碃霅� 瓯半灅 鞚错泟 頃措嫻 鞝滌稖靹滊姅 Herndon 鞌皜 鞁れ鞝侅溂搿� 1,359欤茧ゼ 氤挫湢頃橁碃 鞛堨潓鞚� 氤挫棳欷嶋媹雼�. 靹る獏 雲疙姼鞐愲姅 霊� 鞙犿槙鞚� 雼渼臧� 2024雲� 3鞗�(2027雲� 2鞗� 膦呺)攵�韯� 氚� 2025雲� 3鞗�(2028雲� 2鞗� 膦呺)攵�韯� 臧侁皝 毵れ洈 1/36鞌� 靹膘垯頃橂┌, 臧� 雼渼電� 頃� 欤检棎 頃措嫻頃橂姅 瓴届牅鞝� 須牓鞚� 臧�歆勲嫟瓿� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟.
Western Alliance Bancorporation (WAL) r茅sum茅 du Form 4 : Lynne Herndon, Chief Credit Officer et dirigeante de Western Alliance, a d茅clar茅 des transactions dat茅es du 15/08/2025 comprenant 脿 la fois des acquisitions et des cessions d'actions ordinaires ainsi que des unit茅s d'actions restreintes r茅gl茅es en esp猫ces arriv茅es 脿 茅ch茅ance. Le d茅p么t indique des acquisitions sous les codes de plan 35 et 22, qui correspondent 脿 des unit茅s restreintes r茅gl茅es en esp猫ces vestant mensuellement selon des calendriers pluriannuels. Des cessions distinctes 脿 la m锚me date refl猫tent des ventes 脿 $82.55 par action. Apr猫s les transactions d茅clar茅es, le d茅p么t montre que Mme Herndon d茅tenait effectivement 1 359 actions ordinaires. Les notes explicatives pr茅cisent que les deux cat茅gories d'unit茅s vestent 脿 raison de 1/36 chaque mois 脿 partir de mars 2024 (fin f茅vrier 2027) et mars 2025 (fin f茅vrier 2028) et que chaque unit茅 茅quivaut 茅conomiquement 脿 une action.
Western Alliance Bancorporation (WAL) Form 4 Zusammenfassung: Lynne Herndon, Chief Credit Officer und Gesch盲ftsf眉hrerin von Western Alliance, meldete Transaktionen vom 15.08.2025, die sowohl Erwerbe als auch Ver盲u脽erungen von Stammaktien sowie ausge眉bte, barabgewickelte Restricted Stock Units umfassen. Die Einreichung weist Erwerbe unter den Plancode 35 und 22 aus; hierbei handelt es sich um barabgewickelte Restricted Stock Units, die monatlich nach mehrj盲hrigen Zeitpl盲nen vesten. Getrennte Ver盲u脽erungen am selben Datum zeigen Verk盲ufe zu $82.55 pro Aktie. Nach den gemeldeten Transaktionen weist die Einreichung aus, dass Frau Herndon wirtschaftlich 1.359 Stammaktien besa脽. Die erl盲uternden Hinweise besagen, dass die beiden Klassen von Einheiten ab M盲rz 2024 (Ende Februar 2027) bzw. M盲rz 2025 (Ende Februar 2028) monatlich mit je 1/36 vesten und dass jede Einheit dem wirtschaftlichen Gegenwert einer Aktie entspricht.
FAQ
What transactions did Lynne Herndon report on the WAL Form 4?
How many shares does the reporting person beneficially own after the transactions?
What are the vesting terms for the restricted stock units noted in the filing?
Are the restricted units settled in stock or cash?
What price were the disposed shares sold for on 08/15/2025?
