WAL (NYSE: WAL) affiliate files Form 144 proposing resale of compensation shares

Rhea-AI Filing Summary

WAL notice: an affiliate submitted a Form 144 proposing sales of previously issued common stock tied to compensatory awards. The excerpt lists three award lots: 5,164 shares (02/22/2022), 4,780 shares (02/15/2023) and 752 shares (02/16/2025), with sale dates noted as 06/16/2026.

Insights

Corporate Governance Attorney

Form 144 signals planned resale by an affiliate of compensation-related shares.

Form 144 is a notice required when an affiliate intends to sell restricted or control securities. The filing lists compensatory grants and proposed sale dates; it does not itself execute transactions or state buyer terms.

Timing and volume depend on subsequent sale execution and broker arrangements; subsequent trade reports or Form 4/5 entries would show completed dispositions and updated holdings.

Key Figures

Award lot 1: 5,164 shares Award lot 2: 4,780 shares Award lot 3: 752 shares

3 metrics

Award lot 1 5,164 shares grant date 02/22/2022; proposed sale date 06/16/2026

Award lot 2 4,780 shares grant date 02/15/2023; proposed sale date 06/16/2026

Award lot 3 752 shares grant date 02/16/2025; proposed sale date 06/16/2026

Key Terms

Form 144, Compensatory payment, Employee Stock Related

3 terms

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Compensatory payment financial

"Compensatory payment Common Stock | 02/22/2022"

Employee Stock Related financial

"Common Stock | 02/15/2023 | Employee Stock Related"

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Available on EDGAR 06/15/2026 - 04:54 PM Accepted by SEC EDGAR 06/15/2026 - 04:53 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common stock	Merrill Lynch 2100 Ross Ave Suite 1000 Dallas TX 75201	10696	878114.48	109200000	06/15/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	02/22/2022	Employee Stock Relaated	Stephen Curley			5164	06/16/2026	Compensatory payment
Common Stock	02/15/2023	Employee Stock Related	Stephen Curley			4780	06/16/2026	Compensatory Payment
Common Stock	02/16/2025	Employee Stock Related	Stephen Curley			752	06/16/2026	Compensatory payment

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does WAL's Form 144 filing mean?

It indicates an affiliate intends to sell common stock previously issued as compensation. The excerpt lists three award lots totaling listed shares with proposed sale activity on 06/16/2026. The Form 144 is a notice, not a confirmation of completed sales.

How many shares are listed for potential sale in the WAL excerpt?

The excerpt lists three award lots: 5,164 shares (02/22/2022), 4,780 shares (02/15/2023) and 752 shares (02/16/2025). These appear as compensatory-related shares with proposed sale date 06/16/2026.

Does a Form 144 filing mean WAL receives proceeds from sales?

No. The entries are compensatory shares held by an affiliate; proceeds characterization is not provided in the excerpt. Form 144 generally relates to resale by affiliates rather than company proceeds unless the filing explicitly states otherwise.

Will WAL disclose when the listed shares are actually sold?

Actual sales by affiliates are reported in subsequent public filings such as Form 4 or by broker transaction records. The Form 144 itself is a pre‑sale notice; completed dispositions require separate transaction reports when they occur.