Western Alliance (NYSE: WAL) officer reports 138-share stock disposition

Rhea-AI Filing Summary

Western Alliance Bancorporation’s Chief Credit Officer, Lynne Herndon, reported a small insider share disposition. On 02/06/2026, Herndon disposed of 138 shares of Western Alliance common stock at $94.39 per share in a transaction coded “F.” After this transaction, Herndon directly holds 1,880 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Herndon Lynne

Role Chief Credit Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	138	$94.39	$13K

Holdings After Transaction: Common Stock — 1,880 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

Herndon Lynne

(Last) (First) (Middle)

1 E. WASHINGTON STREET

SUITE 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)
	Chief Credit Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

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	02/06/2026		F		138	D	$94.39	1,880	D

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)	02/10/2026
	** 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 Western Alliance (WAL) report for Lynne Herndon?

Lynne Herndon, Chief Credit Officer of Western Alliance, reported disposing of 138 common shares. The transaction occurred on 02/06/2026 at $94.39 per share, leaving her with 1,880 directly owned Western Alliance common shares afterward.

What does transaction code F mean in the Western Alliance (WAL) Form 4 filing?

The Form 4 lists transaction code “F” for Lynne Herndon’s 138-share disposition. Code F is an SEC transaction code indicating a type of share disposal, recorded here at $94.39 per share, with Herndon retaining 1,880 directly owned Western Alliance common shares.

How many Western Alliance (WAL) shares does Lynne Herndon own after the reported transaction?

After the 138-share disposition on 02/06/2026, Lynne Herndon directly owns 1,880 Western Alliance common shares. This figure is reported in the Form 4 as the amount beneficially owned following the transaction, with ownership form listed as direct (D).

At what price were the Western Alliance (WAL) shares disposed of in the Form 4?

The 138 Western Alliance common shares reported in the Form 4 were disposed of at $94.39 per share. This per-share price is shown in the non-derivative securities table, alongside the transaction code F and the remaining 1,880 directly owned shares.

What is Lynne Herndon’s role at Western Alliance (WAL) in this Form 4?

In this Form 4, Lynne Herndon is identified as an officer of Western Alliance Bancorporation, serving as Chief Credit Officer. The filing confirms she is not a director or 10% owner, and it reports her direct beneficial ownership of Western Alliance common stock.

Is the reported Western Alliance (WAL) transaction direct or indirect ownership?

The Form 4 indicates Lynne Herndon’s 138-share disposition and remaining 1,880 shares as direct ownership. The ownership form is labeled “D” for direct, and there is no separate nature-of-ownership description or indirect holding entity disclosed in the provided data.