Howard Gould boosts Western Alliance (WAL) stake with 2,580-share stock acquisition

Rhea-AI Filing Summary

Western Alliance Bancorporation director Howard Gould acquired additional common stock in the company. On February 5, 2026, he acquired 2,580 shares of common stock at a stated price of $0 per share, bringing his directly held position to 9,230 shares.

In addition to these directly owned shares, he is also reported as indirectly beneficially owning 43,779 shares of Western Alliance common stock through The Gould Family Trust U/A DTD 10/16/02.

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

Gould Howard

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

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	02/05/2026		A		2,580	A	$0	9,230	D
Common Stock								43,779	I	The Gould Family Trust U/A DTD 10/16/02

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

Explanation of Responses:

Remarks:

	/s/Jessica Jarvi (Attorney-in-fact)	02/09/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did WAL director Howard Gould report?

Howard Gould reported acquiring 2,580 shares of Western Alliance Bancorporation common stock. The acquisition occurred on February 5, 2026, at a stated price of $0 per share, and increased his directly held stake in the company to 9,230 shares.

How many WAL shares does Howard Gould own directly after this transaction?

After the reported transaction, Howard Gould directly owns 9,230 shares of Western Alliance Bancorporation common stock. This figure reflects his holdings following the February 5, 2026 acquisition of 2,580 additional shares reported in the insider filing.

Does Howard Gould have indirect ownership of Western Alliance (WAL) shares?

Yes. The filing shows Howard Gould as indirectly beneficially owning 43,779 Western Alliance Bancorporation shares through The Gould Family Trust U/A DTD 10/16/02, separate from his 9,230 directly held shares, providing a fuller picture of his total reported ownership.

What does the $0 price on Howard Gould’s WAL stock acquisition mean?

The filing lists the 2,580 acquired Western Alliance Bancorporation shares at a price of $0 per share. This typically indicates a non-cash acquisition such as an award or grant, though the document excerpt does not specify the exact form or program.

What role does Howard Gould hold at Western Alliance Bancorporation (WAL)?

Howard Gould is identified as a director of Western Alliance Bancorporation. The insider report checks the director box and does not mark him as a ten percent owner or officer, clarifying his relationship to the company’s governance structure.

When did Howard Gould’s latest WAL stock transaction take place?

The reported transaction took place on February 5, 2026. On that date, director Howard Gould acquired 2,580 shares of Western Alliance Bancorporation common stock, as reflected in the insider ownership table included in the disclosure.