Western Alliance CLO trades 168 shares at $79.03
Western Alliance’s CLO & Secretary reported monthly vesting and cash settlement of RSUs tied to 168 share equivalents, with offsetting dispositions back to the company.
Rhea-AI Filing Summary
WESTERN ALLIANCE BANCORPORATION (WAL) reported insider equity activity by Jessica H. Jarvi, its CLO & Secretary, on September 15, 2026. Jarvi exercised cash-settled restricted stock units economically equivalent to 168 shares of common stock in three tranches (58, 46, and 64 units), each corresponding to common stock entries at $0.00 per share and immediate, matching dispositions of those shares back to the issuer at $79.03 per share. The units vest monthly over separate 36‑month schedules beginning in March 2024, March 2025, and March 2026, and are payable solely in cash. The filing also notes 2,074 shares of WAL common stock held indirectly in a WAL 401(k) plan, including employer match as of September 3, 2026, and no Rule 10b5‑1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
168 shares exercised/converted
Exercise
10 txns
Insider
Jarvi Jessica H
Role
CLO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Cash Settled Restricted Stock Units F2, F1 | 58 | -- | -- |
| Exercise | Cash Settled Restricted Stock Units F2, F3 | 46 | -- | -- |
| Exercise | Cash Settled Restricted Stock Units F2, F4 | 64 | -- | -- |
| Exercise | Common Stock F1, F2 | 58 | $0.00 | $0.00 |
| Disposition | Common Stock | 58 | $79.03 | $5K |
| Exercise | Common Stock F3, F2 | 46 | $0.00 | $0.00 |
| Disposition | Common Stock | 46 | $79.03 | $4K |
| Exercise | Common Stock F4, F2 | 64 | $0.00 | $0.00 |
| Disposition | Common Stock | 64 | $79.03 | $5K |
| holding | Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Cash Settled Restricted Stock Units — 2,911 contracts (Direct);
Common Stock — 13,707 shares (Direct);
Common Stock — 2,074 shares (Indirect, WAL 401(k))
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 9/3/2026.
Key Figures
Cash-settled RSUs exercised: 168 units
Disposition to issuer at per-share price: $79.03 per share
Common shares disposed to issuer: 168 shares
+4 more
7 metrics
Cash-settled RSUs exercised
168 units
Economic equivalents of WAL common stock exercised on September 15, 2026
Disposition to issuer at per-share price
$79.03 per share
Prices for 58, 46, and 64 WAL common shares disposed to issuer
Common shares disposed to issuer
168 shares
58, 46, and 64 WAL common shares, each tranche at $79.03 per share
Indirect WAL 401(k) holdings
2,074 shares
WAL common stock held in WAL 401(k) Plan including employer match as of September 3, 2026
RSU vesting schedule 1
36 months
Cash-settled RSUs vesting monthly from March 2024 through February 2027
RSU vesting schedule 2
36 months
Cash-settled RSUs vesting monthly from March 2025 through February 2028
RSU vesting schedule 3
36 months
Cash-settled RSUs vesting monthly from March 2026 through February 2029
Key Terms
Cash Settled Restricted Stock Units, economic equivalent, Disposition to issuer, WAL 401(k)
4 terms
Cash Settled Restricted Stock Units financial
"Cash Settled Restricted Stock Units economically equivalent to WAL common stock"
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 common stock"
Disposition to issuer financial
"Common Stock transactions reported as Disposition to issuer at $79.03"
WAL 401(k) financial
"Reflects shares held in the 401K Plan to include employer match"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WAL’s CLO & Secretary report on September 15, 2026?
Jessica H. Jarvi reported exercises of cash-settled restricted stock units equivalent to 168 shares of Western Alliance Bancorporation common stock in three tranches, with corresponding dispositions of the same number of shares back to the issuer at $79.03 per share.
How many Western Alliance (WAL) RSU equivalents vested for the CLO on this date?
On September 15, 2026, a total of 168 cash-settled restricted stock units vested for the CLO & Secretary, in tranches of 58, 46, and 64 units, each economically equivalent to one share of Western Alliance Bancorporation common stock.
Are the reported Western Alliance (WAL) RSUs settled in stock or cash?
The reported Western Alliance Bancorporation restricted stock units are payable solely in cash and vest monthly over 36‑month periods beginning in March 2024, March 2025, and March 2026; each unit is the economic equivalent of one share of WAL common stock.
Were the WAL insider transactions made under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5‑1 checkbox is not marked as affirming a plan, and no footnote states that the reported transactions were made pursuant to a Rule 10b5‑1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
