Western Alliance (WAL) CRO Emily Nachlas reports RSU conversions and issuer stock dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Western Alliance Bancorporation Chief Risk Officer Emily Nachlas reported multiple insider transactions dated July 15, 2026 involving Common Stock and cash-settled restricted stock units (RSUs). She exercised or converted 189 RSU units into corresponding common stock entries and recorded offsetting issuer dispositions of common stock, including blocks of 72, 53, and 64 shares at $81.79 per share. The data show no net change in her directly held common stock position, which is reported at 16,575 shares. Footnotes state the RSUs are payable solely in cash, with each unit the economic equivalent of one common share, and they vest monthly in 36 installments over periods running from March 2024–February 2027, March 2025–February 2028, and March 2026–February 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
189 shares exercised/converted
Mixed
9 txns
Insider
Nachlas Emily
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Cash Settled Restricted Stock Units | 72 | -- | -- |
| Exercise | Cash Settled Restricted Stock Units | 53 | -- | -- |
| Exercise | Cash Settled Restricted Stock Units | 64 | -- | -- |
| Exercise | Common Stock | 72 | $0.00 | -- |
| Disposition | Common Stock | 72 | $81.79 | $6K |
| Exercise | Common Stock | 53 | $0.00 | -- |
| Disposition | Common Stock | 53 | $81.79 | $4K |
| Exercise | Common Stock | 64 | $0.00 | -- |
| Disposition | Common Stock | 64 | $81.79 | $5K |
Holdings After Transaction:
Cash Settled Restricted Stock Units — 501 shares (Direct);
Common Stock — 16,647 shares (Direct)
Footnotes (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. Each unit is the economic equivalent of one share of Western Alliance Bancorporation common stock. 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. 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.
Key Figures
RSU units exercised: 189 units
Common stock disposition block: 72 shares at $81.79 per share
Common stock disposition block: 53 shares at $81.79 per share
+5 more
8 metrics
RSU units exercised
189 units
Total derivative shares exercised across three M-coded transactions on July 15, 2026
Common stock disposition block
72 shares at $81.79 per share
One D-coded issuer disposition of common stock on July 15, 2026
Common stock disposition block
53 shares at $81.79 per share
One D-coded issuer disposition of common stock on July 15, 2026
Common stock disposition block
64 shares at $81.79 per share
One D-coded issuer disposition of common stock on July 15, 2026
Direct common stock holdings
16,575 shares
Amount of Western Alliance common stock beneficially owned following reported transactions
Remaining RSU award F1
501 units
Cash-settled RSUs vesting March 2024–February 2027 after M-coded transaction
Remaining RSU award F3
1,002 units
Cash-settled RSUs vesting March 2025–February 2028 after M-coded transaction
Remaining RSU award F4
1,985 units
Cash-settled RSUs vesting March 2026–February 2029 after M-coded transaction
Key Terms
Cash Settled Restricted Stock Units, Disposition to issuer, Exercise or conversion of derivative security, economic equivalent of one share
4 terms
Cash Settled Restricted Stock Units financial
"The security title includes Cash Settled Restricted Stock Units with underlying common stock."
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.
Disposition to issuer financial
"Transaction code D is described as Disposition to issuer for common stock."
Exercise or conversion of derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Western Alliance (WAL) report for Emily Nachlas on July 15, 2026?
Emily Nachlas reported issuer dispositions of common stock and exercises of 189 cash-settled RSU units. The common stock dispositions included blocks of 72, 53, and 64 shares at $81.79 per share, offsetting the RSU-related acquisitions.
What price was used for Emily Nachlas’s Western Alliance (WAL) common stock dispositions?
The reported issuer dispositions of Western Alliance common stock by Emily Nachlas used a per-share price of $81.79. This price applies to each of the three disposition entries involving 64, 53, and 72 shares of common stock on July 15, 2026.
What are the terms of the cash-settled RSUs reported by Emily Nachlas at Western Alliance (WAL)?
The RSUs are payable solely in cash and each unit is the economic equivalent of one common share. Vesting occurs monthly, 1/36th on the 15th of each month, over 36-month periods ending between February 2027 and February 2029.
How many cash-settled RSU units remain outstanding for Emily Nachlas at Western Alliance (WAL)?
Post-transaction entries list remaining RSU units of 1,985, 1,002, and 501 in three separate cash-settled RSU awards. Each award vests monthly over a 36-month schedule, with final vesting dates between February 2027 and February 2029.