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Western Alliance (NYSE: WAL) CEO logs Form 4 stock transactions

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Western Alliance Bancorporation President and CEO Kenneth Vecchione reported two non-derivative stock transactions in company common shares. On February 6, 2026, a transaction coded “F” involved 1,803 shares at $94.39 per share, leaving 460,077 shares directly owned afterward. On February 7, 2026, another “F” transaction covered 6,823 shares at $94.39 per share, with 453,254 shares directly owned following that event. In addition, 750 shares are held indirectly in the name of Darcy Vecchione UTMA (daughter), and 1,950 shares are held indirectly in a 401K Plan, including employer match as of February 5, 2026.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Vecchione Kenneth

(Last) (First) (Middle)
C/O WESTERN ALLIANCE BANCORPORATION
ONE E. WASHINGTON STREET, STE 1400

(Street)
PHOENIX AZ 85004

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WESTERN ALLIANCE BANCORPORATION [ WAL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/06/2026 F 1,803 D $94.39 460,077 D
Common Stock 02/07/2026 F 6,823 D $94.39 453,254 D
Common Stock 750 I Darcy Vecchione UTMA (daughter)
Common Stock 1,950(1) I 401K Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects shares held in the 401K Plan to include employer match as of 2/5/2026.
Remarks:
/s/Jessica Jarvi (Attorney-in-fact) 02/10/2026
** 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 4 (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 insider activity did WAL CEO Kenneth Vecchione report on this Form 4?

Kenneth Vecchione reported two dispositions of Western Alliance common stock coded “F”. The transactions on February 6 and 7, 2026 covered 1,803 and 6,823 shares at $94.39 per share, adjusting his directly held share balances after each event.

How many Western Alliance (WAL) shares does the CEO hold after these transactions?

After the February 7, 2026 transaction, the CEO directly holds 453,254 common shares. Following the February 6 event, he held 460,077 shares; the second transaction reduced this amount to 453,254, as reported in the filing’s beneficial ownership column.

What do the “F” transaction codes mean in the WAL Form 4 filing?

The Form 4 lists both non-derivative transactions under code “F”. Each code “F” entry describes a disposition of Western Alliance common stock, showing the number of shares, the $94.39 price per share, and the updated beneficial ownership totals for Kenneth Vecchione.

Does Western Alliance CEO Vecchione report any indirect WAL share ownership?

Yes, the filing discloses two indirect holdings. It reports 750 Western Alliance common shares held under “Darcy Vecchione UTMA (daughter)” and 1,950 shares held through a 401K Plan, which includes employer match as of February 5, 2026.

How are the Western Alliance (WAL) 401K Plan shares described in this Form 4?

The Form 4 notes 1,950 shares held indirectly in a 401K Plan. A footnote explains that this reflects shares in the plan, including the employer match, calculated as of February 5, 2026, and reported as an indirect beneficial ownership position.

On what dates did the reported Western Alliance stock transactions occur?

The filing records transactions on February 6 and February 7, 2026. Both involve Western Alliance common stock, are coded as “F” transactions, and are priced at $94.39 per share, with updated beneficial ownership figures disclosed after each date.
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