Western Alliance (NYSE: WAL) CFO sells 123 shares to issuer
Rhea-AI Filing Summary
WESTERN ALLIANCE BANCORPORATION (WAL) reported transactions by Chief Financial Officer Vishal Idnani involving 123 cash-settled restricted stock units and related common shares on August 15, 2026. 123 units, each economically equivalent to one common share, were settled into 123 shares of common stock at a price of $0.00 per share. The same day, 123 common shares were disposed of to the issuer at $82.32 per share, resulting in no net change in common share holdings from these steps. Following the settlement, Idnani held 3,674 cash-settled restricted stock units, which vest monthly from March 2026 through February 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
123 shares exercised/converted
Exercise
3 txns
Insider
Idnani Vishal
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Cash Settled Restricted Stock Units F2, F1 | 123 | -- | -- |
| Exercise | Common Stock F1, F2 | 123 | $0.00 | $0.00 |
| Disposition | Common Stock | 123 | $82.32 | $10K |
Holdings After Transaction:
Cash Settled Restricted Stock Units — 3,674 shares (Direct);
Common Stock — 11,468 shares (Direct)
Footnotes (2)
- 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 2026 and ending February 2029.
- F2. Each unit is the economic equivalent of one share of Western Alliance Bancorporation common stock.
Key Figures
RSUs settled: 123 units
Common shares acquired: 123 shares
Shares disposed to issuer: 123 shares
+3 more
6 metrics
RSUs settled
123 units
Cash Settled Restricted Stock Units converted on August 15, 2026
Common shares acquired
123 shares
Common stock received upon derivative exercise at $0.00 per share
Shares disposed to issuer
123 shares
Common stock disposition to issuer on August 15, 2026
Disposition price
$82.32 per share
Price for disposition of 123 common shares to issuer
Cash-settled RSUs remaining
3,674 units
Cash Settled Restricted Stock Units held following the reported transactions
Vesting period
36 months
Monthly vesting from March 2026 through February 2029
Key Terms
Cash Settled Restricted Stock Units, economic equivalent, Disposition to issuer, derivative security
4 terms
Cash Settled Restricted Stock Units financial
"These units vest and are payable solely in cash as follows"
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"
Disposition to issuer financial
"transaction_code_description":"Disposition to issuer"
derivative security financial
"transaction_code_description":"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did WAL’s CFO Vishal Idnani report on August 15, 2026?
Idnani reported settlement of 123 cash-settled restricted stock units into 123 common shares, followed by a disposition of 123 shares to the issuer at $82.32 per share, resulting in no net change in his common share position from these steps.
How many cash-settled restricted stock units does WAL CFO Vishal Idnani hold after this Form 4?
After the reported transactions, Idnani held 3,674 cash-settled restricted stock units. These units are payable solely in cash and are scheduled to vest in equal monthly installments over 36 months from March 2026 through February 2029.
What price was received in the WAL CFO’s disposition of common stock to the issuer?
The disposition to the issuer involved 123 WAL common shares at a price of $82.32 per share. This transaction is coded as a disposition to the issuer, without specifying any purpose such as tax withholding in the available data.
Are WAL CFO Vishal Idnani’s units reported on this Form 4 equity or cash-settled?
The reported units are cash-settled restricted stock units, not stock-settled awards. Each unit is the economic equivalent of one share of WAL common stock and is payable solely in cash according to a defined monthly vesting schedule.
What is the vesting schedule for the WAL CFO’s cash-settled restricted stock units?
The units vest and are payable solely in cash, with 1/36th vesting on the 15th day of each month during the 36-month period beginning March 2026 and ending February 2029, providing a steady stream of cash-settled compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
