Western Alliance Bancorporation filings document the regulatory record of a bank holding company with common stock and 4.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. Its 8-K reports furnish quarterly operating results, earnings presentations, dividend declarations for common and preferred securities, investor communications and material-event disclosures tied to banking operations.
The company’s proxy materials cover board governance, shareholder voting matters, executive compensation and equity-related compensation arrangements. Other filings document credit-related events, including impairment charges on commercial loan exposures, as well as capital-structure details, deferred compensation plans and risk disclosures associated with the company’s lending, deposit and specialty banking activities.
Western Alliance Bancorporation's Chief Risk Officer filed a Form 4 reporting multiple insider transactions in common stock and cash‑settled restricted stock units on 12/15/2025.
The officer exercised 72 and 53 cash‑settled restricted stock units that are each economically equivalent to one share of Western Alliance Bancorporation common stock, at an exercise price of $0, and disposed of corresponding amounts of common stock at $86.18 per share. Following these transactions, the officer directly beneficially owned 14,671 shares of common stock, 1,005 cash‑settled restricted stock units from a grant vesting monthly from March 2024 through February 2027, and 1,373 cash‑settled restricted stock units from a grant vesting monthly from March 2025 through February 2028.
Western Alliance Bancorporation’s chief credit officer reported transactions in company common stock and cash-settled restricted stock units on December 15, 2025. The activity includes exercises of units that are economically equivalent to common shares, followed by open-market sales of 35 and 22 common shares at a price of $86.18 per share.
After these trades, the officer directly owned 1,359 shares of Western Alliance common stock. The reported cash-settled restricted stock units vest 1/36th each month from March 2024 through February 2027 for one award and from March 2025 through February 2028 for another, and are payable solely in cash, with each unit equal in value to one share of Western Alliance common stock.
Western Alliance Bancorporation’s chief administration officer reported routine equity-related transactions dated 12/15/2025. The filing shows transaction code M entries tied to cash-settled restricted stock units for 97 and 69 units, paired with transaction code D sales of 97 and 69 shares of common stock at $86.18 per share. After these transactions, the officer directly holds 63,202 shares of common stock and indirectly holds 325 shares through spouse Alvina Boothe. The officer also continues to hold cash-settled restricted stock units, with 1,361 units from a grant vesting monthly from March 2024 to February 2027 and 1,793 units from a grant vesting monthly from March 2025 to February 2028, each unit being the economic equivalent of one WAL share and payable solely in cash.
Western Alliance Bancorporation disclosed insider activity by its Chief Human Resources Officer involving company common stock and cash-settled restricted stock units on 12/15/2025. The officer acquired 101 and 74 shares of common stock in transactions coded “M” at an exercise price of $0 per share, and on the same day disposed of 101 and 74 shares in sales coded “D” at $86.18 per share.
After these trades, the officer directly held 8,753 Western Alliance common shares and had indirect ownership of 22,797 shares through the Kennedy Family Trust. The filing also lists cash-settled restricted stock units that are economically equivalent to common shares, with 1,402 units from a grant vesting monthly from March 2024 to February 2027 and 1,909 units from a grant vesting monthly from March 2025 to February 2028 remaining beneficially owned.
Western Alliance Bancorporation reported insider transactions by its CBO for Regional Banking involving common stock and cash-settled restricted stock units on December 15, 2025.
The officer acquired 158 and 115 shares of common stock at a stated price of $0 per share through the vesting of cash-settled restricted stock units and sold the same share amounts at $86.18 per share. After these transactions, the officer directly owned 24,759 shares of common stock. The related cash-settled units vest 1/36th on the 15th day of each month from March 2024 to February 2027 and from March 2025 to February 2028, and are payable solely in cash, with each unit economically equivalent to one share of common stock.
Western Alliance Bancorporation’s vice chairman and CFO reported same-day transactions in company stock tied to cash-settled restricted stock units. On 12/15/2025, 285 and 212 units, each economically equivalent to one share of common stock, vested at a stated price of $0, and matching amounts of 285 and 212 common shares were disposed of at $86.18 per share. After these transactions, the officer directly held 300,358 Western Alliance common shares and indirectly held 612 shares through the company’s 401(k) plan as of 12/11/2025. The filing also notes continuing holdings of 3,982 and 5,495 cash-settled restricted stock units that vest monthly from March 2024 through February 2027 and from March 2025 through February 2028, respectively.
Western Alliance Bancorp. insider has filed a notice of proposed sale of 23142 shares of common stock under Rule 144. The shares are to be sold through LPL Financial on the NYSE, with an aggregate market value of 2013731.23 and an approximate sale date of 12/15/2025.
The notice lists 110050000 shares of this class outstanding. It also states that the 23142 shares being sold were acquired as founders shares on 09/14/2021 from Western Alliance Bancorp., with the acquisition recorded in the filing’s securities-to-be-sold table.
Western Alliance Bancorporation reported that its Board of Directors appointed Dr. Michael Papay and Mr. Clarke Starnes III as new directors, effective December 10, 2025, increasing the Board size to fifteen members. Both will serve until the 2026 annual meeting of stockholders and are expected to stand for re-election at that time.
After reviewing their qualifications and independence, the Board assigned Dr. Papay to the Audit Committee and the Risk Committee, and Mr. Starnes to the Finance and Investment Committee and the Risk Committee. Both will also serve on the Board of Directors of Western Alliance Bank and will receive the standard compensation provided to non-employee directors as described in the company’s most recent proxy statement.
Western Alliance Bancorporation (WAL) director filed a Form 4 reporting a change in personal holdings on 11/24/2025. The filing shows a transaction coded "G" involving 7,922 shares of common stock at a reported price of $0, leaving the reporting person with 96,083 shares of common stock held directly. The individual also reports 50 shares held indirectly through The Snyder Family Trust 1989.
Western Alliance Bancorporation, through its banking subsidiary Western Alliance Bank, issued $400,000,000 of 6.537% Fixed Rate Reset Subordinated Notes due November 15, 2035. The notes were sold at 100% of principal, providing the bank with approximately $397,200,000 in proceeds after discounts and commissions, to be used for general corporate purposes, including supporting growth and potentially repaying or redeeming existing securities. The notes are intended to qualify as Tier 2 regulatory capital.
The notes pay a fixed 6.537% annual interest rate until November 15, 2030, then reset to the five-year U.S. Treasury rate plus 285 basis points until maturity, with interest payable semi-annually each May 15 and November 15. They are redeemable at par on November 15, 2030, and on or after August 15, 2035, and also upon certain tax, capital, or investment company events. The notes are unsecured, subordinated obligations, ranking below deposits and other senior indebtedness, and were offered only to institutional accredited investors under a Securities Act exemption.