Western Alliance Bancorporation (WAL) director discloses 0 common shares held

Rhea-AI Filing Summary

Western Alliance Bancorporation received a beneficial ownership report from one director covering an event dated 12/10/2025. The report shows beneficial ownership of 0 shares of common stock held directly.

The filing also indicates the director does not hold any listed derivative securities related to the common stock, and the report is filed by a single reporting person.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Papay Michael

(Last) (First) (Middle)

C/O WESTERN ALLIANCE BANCORPORATION

1 E WASHINGTON STREET, SUITE 1400

(Street)

PHOENIX AZ 85004

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/10/2025

3. Issuer Name and Ticker or Trading Symbol
WESTERN ALLIANCE BANCORPORATION [ WAL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/Jessica Jarvi (Attorney-in-fact)	12/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the WAL director report about Western Alliance Bancorporation share ownership?

The reporting person, who is a director of Western Alliance Bancorporation, reports beneficial ownership of 0 shares of common stock, held in direct form.

Does the reporting person in this WAL filing hold any derivative securities?

In the section for derivative securities such as options or warrants, no derivative holdings are listed as beneficially owned by the reporting person.

What is the date of the event covered by this Western Alliance Bancorporation report?

The filing states a Date of Event Requiring Statement of 12/10/2025.

How many reporting persons are included in this Western Alliance Bancorporation ownership report?

The document indicates that the form is filed by one reporting person, not by multiple reporting persons.

What type of security is referenced in the WAL beneficial ownership table?

The non-derivative securities table lists Common Stock of Western Alliance Bancorporation as the relevant security, with 0 shares beneficially owned.

What role does the reporting person have at Western Alliance Bancorporation (WAL)?

Under the relationship section, the reporting person is identified as a Director of Western Alliance Bancorporation.