Stock awards and tax withholdings for Western Alliance (WAL) executive

Rhea-AI Filing Summary

WESTERN ALLIANCE BANCORPORATION vice chair Dale Gibbons reported a mix of equity awards, vesting, and related share dispositions. On February 15, 2026, he acquired 7,966 shares of common stock through a grant or award at a stated price of $0.0000 per share. Several entries reflect the exercise or conversion of cash settled restricted stock units equivalent to common shares, in amounts of 285 units and 212 units.

To cover obligations, the filing shows a tax-withholding disposition of 3,414 common shares at $93.20 per share and additional dispositions to the issuer of 285 shares and 212 shares at the same price. After these transactions, direct common stock holdings are reported at 307,093 shares, and indirect holdings through a 401K Plan are 612 shares as of February 5, 2026.

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

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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 Chair and CBO, Deposits

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026

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	02/15/2026		A		7,966	A	$0	310,507	D
Common Stock	02/15/2026		F		3,414	D	$93.2	307,093	D
Common Stock	02/15/2026		M		285(1)	A	$0(2)	307,378	D
Common Stock	02/15/2026		D		285	D	$93.2	307,093	D
Common Stock	02/15/2026		M		212(3)	A	$0(2)	307,305	D
Common Stock	02/15/2026		D		212	D	$93.2	307,093	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)	02/15/2026		M			285	(1)	(1)	Common Stock	285	(2)	3,412	D
Cash Settled Restricted Stock Units	(2)	02/15/2026		M			212	(3)	(3)	Common Stock	212	(2)	5,071	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 2/5/2026.

Remarks:

	/s/Jessica Jarvi (Attorney-in-fact)	02/18/2026
	** 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).
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FAQ

What insider transactions did WAL executive Dale Gibbons report on February 15, 2026?

Dale Gibbons reported a grant of 7,966 Western Alliance common shares, multiple exercises of cash settled restricted stock units, and related share dispositions for taxes and issuer settlements, all dated February 15, 2026, reflecting routine equity compensation activity and associated withholding.

How many Western Alliance (WAL) shares does Dale Gibbons hold after these Form 4 transactions?

After the reported transactions, Dale Gibbons directly holds 307,093 Western Alliance common shares. The filing also notes 612 additional shares held indirectly through a 401K Plan, including employer match, as of February 5, 2026, according to an accompanying footnote.

What equity awards did WAL’s Dale Gibbons receive in the latest Form 4 filing?

The filing shows a grant or award acquisition of 7,966 Western Alliance common shares at a stated price of $0.0000 per share. It also records exercises or conversions of cash settled restricted stock units in tranches of 285 units and 212 units on February 15, 2026.

What share dispositions did Dale Gibbons report for Western Alliance (WAL) stock?

Gibbons reported a tax-withholding disposition of 3,414 Western Alliance common shares at $93.20 per share, plus additional dispositions to the issuer of 285 shares and 212 shares at the same price, all on February 15, 2026, tied to equity compensation events.

How do the cash settled restricted stock units work in the WAL Form 4 filing?

Each cash settled restricted stock unit is economically equivalent to one Western Alliance common share. Footnotes explain these units vest monthly over specified 36-month periods and are payable solely in cash, with portions vesting between March 2024 and February 2028.

What indirect holdings did WAL executive Dale Gibbons disclose in the 401K Plan?

The filing notes 612 Western Alliance common shares held indirectly through a 401K Plan, including employer match. A footnote clarifies that this 401K position is reported as of February 5, 2026, and is separate from his directly held common stock.