Western Alliance (NYSE: WAL) awards deferred stock units to director
Rhea-AI Filing Summary
JAMMET MARY CHRIS reported acquisition or exercise transactions in this Form 4 filing.
Western Alliance Bancorporation director Mary Chris Jammet received a grant of 276 Deferred Stock Units on July 15, 2026 at $81.79 per unit. These units vest on February 5, 2027 and are payable in common shares after separation from service, bringing her direct holdings to 3,394 units.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JAMMET MARY CHRIS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 276 | $81.79 | $23K |
Holdings After Transaction:
Deferred Stock Units — 3,394 shares (Direct)
Footnotes (1)
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Key Figures
Deferred Stock Units granted: 276 units
Grant price: $81.79 per unit
Total Deferred Stock Units after grant: 3,394 units
+2 more
5 metrics
Deferred Stock Units granted
276 units
Grant to director Mary Chris Jammet on 2026-07-15
Grant price
$81.79 per unit
Price for Deferred Stock Units awarded on 2026-07-15
Total Deferred Stock Units after grant
3,394 units
Director’s direct holdings following the reported grant
Underlying common shares for this grant
276 shares
Common stock underlying the 276 Deferred Stock Units
Vesting date
February 5, 2027
Vesting date of the granted Deferred Stock Units
Key Terms
Deferred Stock Units, Stock Incentive Plan, Director Deferral Plan, separation from service
4 terms
Deferred Stock Units financial
"Represents the grant of Deferred Stock Units under the Issuer's Stock Incentive Plan"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Stock Incentive Plan financial
"grant of Deferred Stock Units under the Issuer's Stock Incentive Plan"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
Director Deferral Plan financial
"credited under the Issuer's Director Deferral Plan, vesting on February 5, 2027"
A director deferral plan lets board members delay receiving part or all of their pay—typically fees or equity—until a later date, with the deferred amount converted to cash or units that are paid out on a set future date or event. For investors, it signals how a company manages present cash flow and aligns directors’ interests with long-term performance, while creating future payment obligations or possible share dilution when those deferred amounts are settled—like choosing to take a future pension or stock grant instead of a paycheck today.
separation from service financial
"paid in shares of Common Stock issued ... after a separation from service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Western Alliance Bancorporation (WAL) director Mary Chris Jammet receive in this Form 4?
Mary Chris Jammet received 276 Deferred Stock Units linked to Western Alliance Bancorporation common stock. The award was granted on July 15, 2026 at $81.79 per unit and increases her direct holdings to a total of 3,394 units.
At what price were the Western Alliance (WAL) Deferred Stock Units granted?
The Deferred Stock Units were granted at a price of $81.79 per unit. This grant covers 276 units tied to Western Alliance common stock and was made to director Mary Chris Jammet on July 15, 2026 under the company’s stock incentive framework.
When do Mary Chris Jammet’s Western Alliance (WAL) Deferred Stock Units vest?
The Deferred Stock Units vest on February 5, 2027. After this vesting date, they remain deferred and are ultimately paid out in shares of Western Alliance common stock following separation from service under the Director Deferral Plan.
How many Deferred Stock Units does the Western Alliance (WAL) director hold after this transaction?
Following the grant, Mary Chris Jammet directly holds 3,394 Deferred Stock Units. This total incorporates the new award of 276 units granted on July 15, 2026 under Western Alliance’s Stock Incentive Plan and credited to the Director Deferral Plan.
How will the Western Alliance (WAL) Deferred Stock Units be settled for the director?
The Deferred Stock Units will be paid in shares of Western Alliance common stock. Settlement occurs after the director’s separation from service, in accordance with the company’s Director Deferral Plan and issued under its Stock Incentive Plan.