Western Alliance (NYSE: WAL) exec settles 726 units in cash
Rhea-AI Filing Summary
WESTERN ALLIANCE BANCORPORATION (WAL) reported insider equity activity by Vice Chair and CBO, Deposits, Dale Gibbons. On 2026-08-15 he exercised cash settled restricted stock units economically equivalent to common stock into 726 shares of common stock at $0.00 per share and on the same date disposed 726 shares to the issuer at $82.32 per share. A separate line reflects 612 shares of common stock held indirectly in a 401K Plan, including employer match as of 8/6/2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
726 shares exercised/converted
Exercise
10 txns
Insider
GIBBONS DALE
Role
Vice Chair and CBO, Deposits
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Cash Settled Restricted Stock Units F2, F1 | 285 | -- | -- |
| Exercise | Cash Settled Restricted Stock Units F2, F3 | 212 | -- | -- |
| Exercise | Cash Settled Restricted Stock Units F2, F4 | 229 | -- | -- |
| Exercise | Common Stock F1, F2 | 285 | $0.00 | $0.00 |
| Disposition | Common Stock | 285 | $82.32 | $23K |
| Exercise | Common Stock F3, F2 | 212 | $0.00 | $0.00 |
| Disposition | Common Stock | 212 | $82.32 | $17K |
| Exercise | Common Stock F4, F2 | 229 | $0.00 | $0.00 |
| Disposition | Common Stock | 229 | $82.32 | $19K |
| holding | Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Cash Settled Restricted Stock Units — 12,359 shares (Direct);
Common Stock — 267,093 shares (Direct);
Common Stock — 612 shares (Indirect, 401K Plan)
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 8/6/2026.
Key Figures
Derivative exercises: 726 units
Shares acquired via exercises: 726 shares
Shares disposed to issuer: 726 shares
+3 more
6 metrics
Derivative exercises
726 units
Total cash settled restricted stock units exercised on 2026-08-15
Shares acquired via exercises
726 shares
Common stock acquired at $0.0000 per share on 2026-08-15
Shares disposed to issuer
726 shares
Common stock dispositions to issuer on 2026-08-15
Disposition price
82.3200 per share
Price for common stock dispositions to issuer on 2026-08-15
Indirect 401K holdings
612.0000 shares
Common stock held in 401K Plan including employer match as of 8/6/2026
Individual RSU exercises
285 / 212 / 229 units
Three cash settled RSU tranches exercised on 2026-08-15
Key Terms
Cash Settled Restricted Stock Units, economic equivalent, Disposition to issuer, 401K Plan, +1 more
5 terms
Cash Settled Restricted Stock Units financial
"security_title: Cash Settled Restricted Stock Units"
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"
Disposition to issuer financial
"transaction_code_description: Disposition to issuer"
401K Plan financial
"Reflects shares held in the 401K Plan to include employer match"
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.
vest and are payable solely in cash financial
"These units vest and are payable solely in cash as follows"
FAQ
What insider transactions did WAL executive Dale Gibbons report on this Form 4?
Dale Gibbons reported exercising 726 cash settled restricted stock units into 726 WAL common shares at $0.00 per share on 2026-08-15 and disposing those 726 shares to the issuer at $82.32 per share on the same date.
How many WAL cash settled restricted stock units did Dale Gibbons exercise?
Dale Gibbons exercised cash settled restricted stock units covering 726 units, each economically equivalent to one WAL common share. These units corresponded to three vesting tranches of 285, 212, and 229 units, all on 2026-08-15.
Are Dale Gibbons’ WAL restricted stock units settled in stock or cash?
The reported restricted stock units are described as cash settled and payable solely in cash, with each unit economically equivalent to one share of WAL common stock. Vesting occurs monthly over specified 36‑month periods for the different award tranches.
AI-generated analysis. How Rhea-AI works. Not financial advice.
