STOCK TITAN

[Form 4] WESTERN ALLIANCE BANCORPORATION Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Western Alliance Bancorporation (WAL) Vice Chairman and CFO Dale Gibbons reported transactions on 09/15/2025 showing continued substantial ownership and routine equity compensation activity. The filing shows Mr. Gibbons beneficially owned 296,358 shares of common stock after two reported sales at $89.05 per share. The report also records cash-settled restricted stock units that vested or were recognized on 09/15/2025, representing 285 and 212 unit grants that pay out monthly through 2027 and 2028 respectively.

The filing discloses 4,837 and 6,131 cash-settled RSU equivalents held following the transactions and notes 401(k) plan shares held (reflected as 612 indirect) as of 09/04/2025. The form was signed by an attorney-in-fact on behalf of the reporting person.

Il vicepresidente e CFO della Western Alliance Bancorporation (WAL), Dale Gibbons, ha riportato operazioni il 15/09/2025 che mostrano un sostanziale possesso continuo e attività ordinarie di compensazione azionaria. Il deposito mostra che il signor Gibbons possedeva beneficiariamente 296.358 azioni ordinarie dopo due vendite riportate a $89,05 per azione. Il rapporto registra anche unità azionarie basate su cash-settled che si sono vestite o riconosciute il 15/09/2025, rappresentando 285 e 212 assegnazioni unitari che pagano mensilmente fino al 2027 e al 2028 rispettivamente.

Il deposito riporta 4.837 e 6.131 equivalenti RSU in contanti detenuti dopo le operazioni e segnala le azioni del piano 401(k) possedute (indicate come 612 indirette) al 09/04/2025. Il modulo è stato firmato da un procuratore legale a nome della persona segnalante.

El vicepresidente y director financiero (CFO) de Western Alliance Bancorporation (WAL), Dale Gibbons, informó transacciones el 15/09/2025 que muestran una propiedad sustancial continuada y actividad de compensación de acciones rutinaria. El informe indica que el Sr. Gibbons era titular beneficioso de 296.358 acciones ordinarias tras dos ventas reportadas a $89,05 por acción. El informe también registra unidades restringidas de liquidación en efectivo que se consolidaron o se reconocieron el 15/09/2025, representando 285 y 212 adjudicaciones unitarias que pagan mensualmente hasta 2027 y 2028, respectivamente.

El anuncio revela 4.837 y 6.131 equivalentes RSU en efectivo mantenidos tras las transacciones y señala las acciones del plan 401(k) poseídas (reflejadas como 612 indirectas) a 09/04/2025. El formulario fue firmado por un apoderado legal en nombre de la persona informante.

Western Alliance Bancorporation(WAL) 부회장 겸 CFO인 Dale Gibbons가 2025년 9월 15일자 거래를 보고하여 지속적인 대주주 지분과 정기적인 주식 보상 활동을 보여주었습니다. 보고서에 따르면 Gibbons 씨는 296,358주의 보통주를 실질적으로 소유하고 있었으며, 두 건의 매각이 주당 89.05달러에 이루어졌습니다. 또한 현금결정형 RSU가 2025년 9월 15일에 취득 또는 인정되었음을 기록하고 있는데, 285주와 212주 단위의 부여로 각각 매달 2027년과 2028년까지 지급됩니다.

보고서는 거래 이후 보유한 현금결정 RSU 등가물 4,837주와 6,131주를 기록하고, 401(k) 계획 주식이 보유되어 있음을(간접적으로 612로 표시) 2025년 9월 4일 기준으로 명시합니다. 양식은 보고 당사자를 대신하여 대리인이 서명했습니다.

Le vice-président et directeur financier (CFO) de Western Alliance Bancorporation (WAL), Dale Gibbons, a reporté des transactions le 15/09/2025 montrant une détention substantielle continue et une activité d'indemnisation par actions habituelle. Le dossier indique que M. Gibbons détenait bénéficiairement 296 358 actions ordinaires après deux ventes signalées à $89,05 par action. Le rapport consigne également des unités d'actions restreintes basées sur de l'argent qui se sont accrues ou ont été reconnues le 15/09/2025, représentant 285 et 212 attributions unitaires qui versent mensuellement jusqu'en 2027 et 2028, respectivement.

Le dossier révèle 4 837 et 6 131 équivalents RSU en espèces détenus après les transactions et indique des actions du plan 401(k) détenues (reflété comme 612 indirectes) au 04/09/2025. Le formulaire a été signé par un mandataire au nom de la personne déclarant.

Der Vizepräsident und CFO der Western Alliance Bancorporation (WAL), Dale Gibbons, hat Transaktionen am 15.09.2025 gemeldet, die fortgesetzte substanzielle Eigentumspositionen und routinierte aktienbasierte Vergütungsaktivitäten zeigen. Die Einreichung zeigt, dass Herr Gibbons nach zwei gemeldeten Verkäufen zu $89,05 pro Aktie beneficially 296.358 Aktien der Stammaktien besaß. Der Bericht verzeichnet auch cash-settled Restricted Stock Units, die am 15.09.2025 vesteten oder anerkannt wurden, und zwar 285 und 212 Einheitenzuteilungen, die monatlich bis 2027 bzw. 2028 ausgezahlt werden.

Die Einreichung gibt 4.837 und 6.131 cash-settled RSU-Äquivalente nach den Transaktionen an und notiert 401(k)-Planaktien im Besitz (als 612 indirekt ausgewiesen) zum Stichtag 04.09.2025. Das Formular wurde von einem Bevollmächtigten im Namen der meldenden Person unterzeichnet.

نائب رئيس مجلس الإدارة والمدير المالي في Western Alliance Bancorporation (WAL)، دايل جيبونز، أبلغ عن معاملات في 15/09/2025 تُظهر الملكية المستمرة الكبيرة ونشاط تعويض الأسهم المعتاد. يبيّن الإبلاغ أن السيد جيبونز يملك بشكلBeneficial 296,358 سهماً من الأسهم العادية بعد وجود بيعين مُبلغ عنهما بسعر $89.05 للسهم. كما يسجل التقرير وحدات أسهم مقيدة مستندة إلى نقد تقيدت أو اعترفت في 15/09/2025، تمثل 285 و 212 منحه وحدة تت payouts شهرياً حتى 2027 و 2028 على التوالي.

يكشف الإيداع عن 4,837 و 6,131 مكافئ RSU نقداً محتفظ بها عقب المعاملات ويذكر أسهم خطة 401(k) التي يمتلكها (معروضة كـ 612 غير مباشر) حتى 04/09/2025. تم توقيع النموذج من قبل وكيل قانوني نيابة عن الشخص المبلغ.

Western Alliance Bancorporation(WAL)副主席兼首席财务官Dale Gibbons在2025年9月15日的交易中报告显示持续的重大股权持有及常规的股票薪酬活动。 该披露显示Gibbons先生在两笔披露的出售后实际持有296,358股普通股,出售价格为$89.05/股。报告还记录了于2025年9月15日生效或确认的以现金结算的受限股票单位(RSU),分别代表285股和212股单位授予,分别每月支付至2027年和2028年。

披露还显示交易后持有的现金结算RSU等价物为4,8376,131,并在2025年9月4日记载了以401(k)计划股票形式持有(以612项间接表示)。该表格由一名代理律师代表申报人签署。

Positive
  • Insider discloses continued substantial ownership of approximately 296,358 shares, aligning management and shareholder interests
  • Equity compensation follows scheduled vesting with clear monthly payout schedules through February 2027 and February 2028
Negative
  • Small open-market sales were executed at $89.05 per share, slightly reducing direct holdings
  • Compensation is cash-settled (not stock-settled), so vesting does not increase outstanding common shares

Insights

TL;DR: Routine Section 16 filing documenting equity compensation vesting and modest open-market sales; no governance red flags evident.

The Form 4 documents scheduled vesting of cash-settled restricted stock units with defined monthly vesting schedules through February 2027 and February 2028, and concurrent small disposals at $89.05 per share. Reporting via attorney-in-fact is standard. The filing shows meaningful insider ownership (approximately 296k shares) which aligns management incentives with shareholders. There are no indications of unusual timing or related-party issues in the disclosed entries.

TL;DR: Transactions appear to be routine vesting and small sales to convert cash-settled RSUs; impact on outstanding ownership is minor.

The report shows two M-code entries for cash-settled RSUs (285 and 212 units) and matching D-code sales at $89.05, leaving total beneficial ownership at 296,358 shares. The derivative schedule lists 4,837 and 6,131 RSU equivalents after the transactions. The 401(k) holding is reported as indirect ownership. Overall, activity is consistent with compensation payout mechanics rather than opportunistic trading.

Il vicepresidente e CFO della Western Alliance Bancorporation (WAL), Dale Gibbons, ha riportato operazioni il 15/09/2025 che mostrano un sostanziale possesso continuo e attività ordinarie di compensazione azionaria. Il deposito mostra che il signor Gibbons possedeva beneficiariamente 296.358 azioni ordinarie dopo due vendite riportate a $89,05 per azione. Il rapporto registra anche unità azionarie basate su cash-settled che si sono vestite o riconosciute il 15/09/2025, rappresentando 285 e 212 assegnazioni unitari che pagano mensilmente fino al 2027 e al 2028 rispettivamente.

Il deposito riporta 4.837 e 6.131 equivalenti RSU in contanti detenuti dopo le operazioni e segnala le azioni del piano 401(k) possedute (indicate come 612 indirette) al 09/04/2025. Il modulo è stato firmato da un procuratore legale a nome della persona segnalante.

El vicepresidente y director financiero (CFO) de Western Alliance Bancorporation (WAL), Dale Gibbons, informó transacciones el 15/09/2025 que muestran una propiedad sustancial continuada y actividad de compensación de acciones rutinaria. El informe indica que el Sr. Gibbons era titular beneficioso de 296.358 acciones ordinarias tras dos ventas reportadas a $89,05 por acción. El informe también registra unidades restringidas de liquidación en efectivo que se consolidaron o se reconocieron el 15/09/2025, representando 285 y 212 adjudicaciones unitarias que pagan mensualmente hasta 2027 y 2028, respectivamente.

El anuncio revela 4.837 y 6.131 equivalentes RSU en efectivo mantenidos tras las transacciones y señala las acciones del plan 401(k) poseídas (reflejadas como 612 indirectas) a 09/04/2025. El formulario fue firmado por un apoderado legal en nombre de la persona informante.

Western Alliance Bancorporation(WAL) 부회장 겸 CFO인 Dale Gibbons가 2025년 9월 15일자 거래를 보고하여 지속적인 대주주 지분과 정기적인 주식 보상 활동을 보여주었습니다. 보고서에 따르면 Gibbons 씨는 296,358주의 보통주를 실질적으로 소유하고 있었으며, 두 건의 매각이 주당 89.05달러에 이루어졌습니다. 또한 현금결정형 RSU가 2025년 9월 15일에 취득 또는 인정되었음을 기록하고 있는데, 285주와 212주 단위의 부여로 각각 매달 2027년과 2028년까지 지급됩니다.

보고서는 거래 이후 보유한 현금결정 RSU 등가물 4,837주와 6,131주를 기록하고, 401(k) 계획 주식이 보유되어 있음을(간접적으로 612로 표시) 2025년 9월 4일 기준으로 명시합니다. 양식은 보고 당사자를 대신하여 대리인이 서명했습니다.

Le vice-président et directeur financier (CFO) de Western Alliance Bancorporation (WAL), Dale Gibbons, a reporté des transactions le 15/09/2025 montrant une détention substantielle continue et une activité d'indemnisation par actions habituelle. Le dossier indique que M. Gibbons détenait bénéficiairement 296 358 actions ordinaires après deux ventes signalées à $89,05 par action. Le rapport consigne également des unités d'actions restreintes basées sur de l'argent qui se sont accrues ou ont été reconnues le 15/09/2025, représentant 285 et 212 attributions unitaires qui versent mensuellement jusqu'en 2027 et 2028, respectivement.

Le dossier révèle 4 837 et 6 131 équivalents RSU en espèces détenus après les transactions et indique des actions du plan 401(k) détenues (reflété comme 612 indirectes) au 04/09/2025. Le formulaire a été signé par un mandataire au nom de la personne déclarant.

Der Vizepräsident und CFO der Western Alliance Bancorporation (WAL), Dale Gibbons, hat Transaktionen am 15.09.2025 gemeldet, die fortgesetzte substanzielle Eigentumspositionen und routinierte aktienbasierte Vergütungsaktivitäten zeigen. Die Einreichung zeigt, dass Herr Gibbons nach zwei gemeldeten Verkäufen zu $89,05 pro Aktie beneficially 296.358 Aktien der Stammaktien besaß. Der Bericht verzeichnet auch cash-settled Restricted Stock Units, die am 15.09.2025 vesteten oder anerkannt wurden, und zwar 285 und 212 Einheitenzuteilungen, die monatlich bis 2027 bzw. 2028 ausgezahlt werden.

Die Einreichung gibt 4.837 und 6.131 cash-settled RSU-Äquivalente nach den Transaktionen an und notiert 401(k)-Planaktien im Besitz (als 612 indirekt ausgewiesen) zum Stichtag 04.09.2025. Das Formular wurde von einem Bevollmächtigten im Namen der meldenden Person unterzeichnet.

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*
GIBBONS DALE

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice Chairman and CFO
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025
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 09/15/2025 M 285(1) A $0(2) 296,643 D
Common Stock 09/15/2025 D 285 D $89.05 296,358 D
Common Stock 09/15/2025 M 212(3) A $0(2) 296,570 D
Common Stock 09/15/2025 D 212 D $89.05 296,358 D
Common Stock 612(4) 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
Cash Settled Restricted Stock Units (2) 09/15/2025 M 285 (1) (1) Common Stock 285 (2) 4,837 D
Cash Settled Restricted Stock Units (2) 09/15/2025 M 212 (3) (3) Common Stock 212 (2) 6,131 D
Explanation of Responses:
1. These units vest and are payable solely in cash as follows: 1/36th on the 15th day of each month during the 36-month period beginning March 2024 and ending February 2027.
2. Each unit is the economic equivalent of one share of Western Alliance Bancorporation common stock.
3. These units vest and are payable solely in cash as follows: 1/36th on the 15th day of each month during the 36-month period beginning March 2025 and ending February 2028.
4. Reflects shares held in the 401K Plan to include employer match as of 09/04/2025.
Remarks:
/s/Jessica Jarvi (Attorney-in-fact) 09/17/2025
** 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 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 transactions did WAL insider Dale Gibbons report on 09/15/2025?

He reported cash-settled RSU recognitions (285 and 212 units) and sales of common stock at $89.05 per share.

How many WAL shares does the reporting person beneficially own after these transactions?

The filing reports 296,358 shares beneficially owned following the reported transactions.

What are the vesting schedules for the reported RSU units in the WAL Form 4?

One grant vests 1/36th monthly from March 2024 through February 2027; the other vests 1/36th monthly from March 2025 through February 2028.

Were the restricted units stock-settled or cash-settled for WAL insider filings?

The units are cash-settled restricted stock units, payable solely in cash and economically equivalent to one share each.

Does the filing disclose any indirect holdings for the WAL reporting person?

Yes; the filing reflects shares held in a 401(k) plan (reported as indirect ownership) and indicates 612 in that category as of 09/04/2025.
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