Western Alliance CEO reports RSU-related activity
Western Alliance Bancorporation Chairman, President & CEO Kenneth Vecchione reported July 15, 2026 activity primarily involving cash‑settled restricted stock units equivalent to 1,571 shares of common stock.
Rhea-AI Filing Summary
Western Alliance Bancorporation Chairman, President & CEO Kenneth Vecchione reported July 15, 2026 activity primarily involving cash‑settled restricted stock units equivalent to 1,571 shares of common stock. Related entries show exercises and dispositions to the issuer at $81.7900 per share, with direct common stock holdings at 463,178 shares, plus 750 shares held indirectly via a UTMA account and 1,950 shares in a 401K Plan. The transaction summary reports netBuySellShares of 0 and a netBuySellDirection of "neutral".
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Insights
Analyzing...
Insider Trade Summary
1,571 shares exercised/converted
Exercise
11 txns
Insider
Vecchione Kenneth
Role
Chairman, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Cash Settled Restricted Stock Units F2, F1 | 539 | -- | -- |
| Exercise | Cash Settled Restricted Stock Units F2, F3 | 437 | -- | -- |
| Exercise | Cash Settled Restricted Stock Units F2, F4 | 595 | -- | -- |
| Exercise | Common Stock F1, F2 | 539 | $0.00 | $0.00 |
| Disposition | Common Stock | 539 | $81.79 | $44K |
| Exercise | Common Stock F3, F2 | 437 | $0.00 | $0.00 |
| Disposition | Common Stock | 437 | $81.79 | $36K |
| Exercise | Common Stock F4, F2 | 595 | $0.00 | $0.00 |
| Disposition | Common Stock | 595 | $81.79 | $49K |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Cash Settled Restricted Stock Units — 30,509 contracts (Direct);
Common Stock — 463,178 shares (Direct);
Common Stock — 1,950 shares (Indirect, 401K Plan);
Common Stock — 750 shares (Indirect, Darcy Vecchione UTMA (daughter))
Footnotes (5)
- F1. 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.
- F2. Each unit is the economic equivalent of one share of Western Alliance Bancorporation common stock.
- F3. 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.
- F4. 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 2026 and ending February 2029.
- F5. Reflects shares held in the 401K Plan to include employer match as of 7/9/2026.
Key Figures
Derivative exercises (RSU equivalents): 1,571 shares
Disposition price to issuer: 81.7900 per share
Direct common stock holdings: 463,178 shares
+5 more
8 metrics
Derivative exercises (RSU equivalents)
1,571 shares
Cash‑settled restricted stock units economically equivalent to common stock exercised/converted on 2026-07-15
Disposition price to issuer
81.7900 per share
Price for dispositions of 595, 437 and 539 common shares to issuer on 2026-07-15
Direct common stock holdings
463,178 shares
Directly owned Western Alliance Bancorporation common stock after reported transactions on 2026-07-15
Indirect UTMA holdings
750 shares
Common stock held indirectly via Darcy Vecchione UTMA (daughter)
Indirect 401K holdings
1,950 shares
Shares held indirectly in 401K Plan, including employer match, as of 7/9/2026
Remaining cash‑settled RSUs (grant 1)
18427.0000 units
Cash Settled Restricted Stock Units remaining after transactions, vesting March 2026–February 2029
Remaining cash‑settled RSUs (grant 2)
8297.0000 units
Cash Settled Restricted Stock Units remaining after transactions, vesting March 2025–February 2028
Remaining cash‑settled RSUs (grant 3)
3785.0000 units
Cash Settled Restricted Stock Units remaining after transactions, vesting March 2024–February 2027
Key Terms
Cash Settled Restricted Stock Units, economic equivalent, Disposition to issuer, UTMA, +1 more
5 terms
Cash Settled Restricted Stock Units financial
"security_title: "Cash Settled Restricted Stock Units" for derivative entries"
Cash-settled restricted stock units are employee compensation promises that mirror the value of company shares but pay out in cash instead of delivering actual stock once the units vest. Think of them as a future paycheck tied to the company’s share price that is paid after time or performance conditions are met. Investors watch them because they create future cash obligations for the company and avoid share dilution, both of which can affect earnings, cash flow and per-share metrics.
economic equivalent financial
"Each unit is the economic equivalent of one share of Western Alliance Bancorporation common stock."
Disposition to issuer financial
"transaction_code_description: "Disposition to issuer" for common stock transactions"
UTMA financial
"nature_of_ownership: "Darcy Vecchione UTMA (daughter)" for indirect holdings"
401K Plan financial
"nature_of_ownership: "401K Plan" with footnote on employer match and share count"
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did WAL CEO Kenneth Vecchione report on July 15, 2026?
Kenneth Vecchione reported activity involving cash‑settled restricted stock units economically equivalent to 1,571 shares of Western Alliance Bancorporation common stock. The entries reflect derivative exercises and dispositions to the issuer at $81.7900 per share, with no net increase or decrease in shares owned.
Were the July 15, 2026 WAL insider transactions net purchases or sales?
The Form 4 transaction summary shows netBuySellShares of 0 and a netBuySellDirection of "neutral". This indicates that, overall, the reported exercises and dispositions did not change Kenneth Vecchione’s total number of Western Alliance Bancorporation shares owned.
What are the details of the cash‑settled restricted stock units reported for WAL?
The filing shows cash‑settled restricted stock unit activity totaling 1,571 units, each economically equivalent to one share of Western Alliance common stock. Footnotes state these units vest and are payable solely in cash on monthly schedules between March 2024 and February 2029.
How are Kenneth Vecchione’s indirect WAL holdings structured?
Indirect holdings include 750 shares held via the “Darcy Vecchione UTMA (daughter)” account and 1,950 shares in a 401K Plan. A footnote clarifies the 401K balance reflects shares, including employer match, as of July 9, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
