Western Alliance (NYSE: WAL) exec’s RSU moves leave share count flat
Rhea-AI Filing Summary
WESTERN ALLIANCE BANCORPORATION (WAL) reported that its CLO & Secretary, Jessica H. Jarvi, exercised cash settled restricted stock units representing a total of 168 units, each economically equivalent to one share of common stock. Matching amounts of common stock (58, 46 and 64 shares) were acquired at $0.00 per share and immediately disposed of to the issuer at $82.32 per share, resulting in no net change in directly held common shares. Jarvi also reports 2,074 shares of common stock held indirectly through the WAL 401(k) plan as of August 6, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
168 shares exercised/converted
Exercise
10 txns
Insider
Jarvi Jessica H
Role
CLO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Cash Settled Restricted Stock Units F2, F1 | 58 | -- | -- |
| Exercise | Cash Settled Restricted Stock Units F2, F3 | 46 | -- | -- |
| Exercise | Cash Settled Restricted Stock Units F2, F4 | 64 | -- | -- |
| Exercise | Common Stock F1, F2 | 58 | $0.00 | $0.00 |
| Disposition | Common Stock | 58 | $82.32 | $5K |
| Exercise | Common Stock F3, F2 | 46 | $0.00 | $0.00 |
| Disposition | Common Stock | 46 | $82.32 | $4K |
| Exercise | Common Stock F4, F2 | 64 | $0.00 | $0.00 |
| Disposition | Common Stock | 64 | $82.32 | $5K |
| holding | Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Cash Settled Restricted Stock Units — 3,079 shares (Direct);
Common Stock — 13,707 shares (Direct);
Common Stock — 2,074 shares (Indirect, WAL 401(k))
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
RSUs exercised (total units): 168 units
RSUs exercised (tranche 1): 58 units
RSUs exercised (tranche 2): 46 units
+3 more
6 metrics
RSUs exercised (total units)
168 units
Cash settled restricted stock units exercised on 2026-08-15
RSUs exercised (tranche 1)
58 units
Cash settled restricted stock units exercised on 2026-08-15
RSUs exercised (tranche 2)
46 units
Cash settled restricted stock units exercised on 2026-08-15
RSUs exercised (tranche 3)
64 units
Cash settled restricted stock units exercised on 2026-08-15
Disposition price to issuer
$82.32 per share
Common stock dispositions to issuer on 2026-08-15
Indirect 401(k) holdings
2,074 shares
Common stock held in WAL 401(k) including employer match as of 8/6/2026
Key Terms
Cash Settled Restricted Stock Units, economic equivalent, Disposition to issuer, indirect
4 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"
Disposition to issuer financial
"transaction_code_description: "Disposition to issuer""
indirect financial
"ownership_type: "indirect" with nature_of_ownership WAL 401(k)"
FAQ
What insider transactions did WAL’s Jessica H. Jarvi report on this Form 4?
Jessica H. Jarvi reported exercising 168 cash settled restricted stock units into common stock and immediately disposing of the same 168 shares back to Western Alliance Bancorporation at $82.32 per share, resulting in no net change in directly held shares.
How many Western Alliance (WAL) cash settled restricted stock units did Jarvi exercise?
Jarvi exercised 168 cash settled restricted stock units in total, in three tranches of 58, 46, and 64 units. Each unit is the economic equivalent of one share of Western Alliance Bancorporation common stock according to the filing footnotes.
What is the vesting schedule for Jarvi’s WAL cash settled restricted stock units?
The filing states these units vest and are payable solely in cash in 1/36th monthly installments on the 15th of each month over 36 months, with separate grants vesting from March 2024–February 2027, March 2025–February 2028, and March 2026–February 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
