Welcome to our dedicated page for Western Alliance SEC filings (Ticker: WAL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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 President and CEO Kenneth Vecchione reported routine equity compensation activity involving cash-settled restricted stock units and common stock. On March 15, 2026, he exercised derivative awards covering 1,571 cash-settled restricted stock units that are economically equivalent to common shares. Matching amounts of common stock were acquired at a stated price of $0.00 per share and then disposed of back to the issuer at $67.97 per share, resulting in no net change to his direct common stock holdings, which remain at 463,178 shares. The filing also shows indirect holdings of 1,950 shares in a 401(k) plan, including employer match as of March 5, 2026, and 750 shares held for a daughter under a UTMA arrangement.
Western Alliance Bancorporation executive Dale Gibbons reported routine equity compensation activity. On March 15, 2026, he exercised derivative awards labeled as cash-settled restricted stock units covering 726 units that are economically equivalent to common shares.
Corresponding entries show issuer dispositions of 726 shares of common stock at $67.97 per share, resulting in 307,093 shares of common stock held directly after these transactions, plus 612 shares held indirectly through a 401K plan as of March 5, 2026. The pattern reflects compensation-related exercises and returns to the issuer rather than open-market buying or selling.
Western Alliance Bancorporation’s Chief Human Resources Officer, Barbara Kennedy, reported routine compensation-related transactions involving cash-settled restricted stock units on March 15, 2026. She exercised units economically equivalent to 101, 74 and 82 shares of common stock, then returned the same numbers of shares to the issuer at $67.97 per share, resulting in no net open-market buying or selling. Following these transactions, she holds 10,332 shares of common stock directly and 22,797 shares indirectly through the Kennedy Family Trust.
Western Alliance Bancorporation’s Chief Financial Officer Vishal Idnani exercised cash-settled restricted stock units tied to 123 shares of common stock on 2026-03-15. The exercise converted the units into 123 shares, then the same 123 shares were disposed of back to the issuer at $67.97 per share, leaving Idnani with 11,468 common shares directly held. These awards are payable solely in cash and each unit is economically equivalent to one share, making this a compensation-related, non‑market transaction rather than an open‑market trade.
Western Alliance Bancorporation’s CLO & Secretary Jessica H. Jarvi reported routine equity-related transactions. On March 15, 2026, she exercised cash-settled restricted stock units that are economically equivalent to company common stock and recorded related common share entries.
The filing shows paired acquisitions and dispositions of 168 common shares in total, including dispositions to the issuer at $67.97 per share. After these transactions, she directly held 13,707 common shares and indirectly held 2,074 shares through the WAL 401(k) plan as of March 5, 2026. The cash-settled units vest monthly in equal installments over 36-month periods beginning in March 2024, March 2025, and March 2026.
Western Alliance Bancorporation’s Chief Risk Officer Emily Nachlas reported routine equity-compensation activity. On March 15, she exercised cash-settled restricted stock units economically equivalent to 189 shares of common stock in three tranches, then returned an equal 189 shares to the issuer at $67.97 per share. Her direct common stock holdings remained 16,575 shares afterward, so her overall equity stake did not change. The footnotes clarify these units vest monthly from March 2024 through February 2029 and are payable solely in cash, indicating the filing reflects compensation vesting rather than open-market trading.
Western Alliance Bancorporation executive Tim R. Bruckner exercised cash-settled restricted stock units linked to 415 shares of common stock on March 15 2026. These awards are payable solely in cash, with each unit economically equivalent to one share of Western Alliance common stock.
The Form 4 shows three derivative exercises of cash-settled units and matching non-derivative entries for 158, 115 and 142 common shares, followed by dispositions of the same share amounts back to the issuer at $67.97 per share. After these transactions, Bruckner directly holds 29,068 shares of common stock.
The footnotes state that the units vest monthly over 36-month schedules beginning in March 2024, March 2025 and March 2026, and are settled only in cash, indicating these are routine compensation-related settlements rather than open-market trading.
Western Alliance Bancorporation describes a diversified commercial bank focused on lending, deposits and specialized financial services through Western Alliance Bank and subsidiaries. At December 31, 2025, loans held for investment totaled $58.7 billion, about 63% of total assets, led by commercial and industrial credits at 48% of the portfolio, residential real estate at 25%, and commercial real estate and construction at 27% combined.
The company highlights concentrated exposures, including $2.1 billion of non-owner occupied office CRE loans and $14.7 billion of loans to non-depository financial institutions. Investment securities were $20.5 billion, roughly 22% of assets, and carry gross unrealized losses of $160 million on held-to-maturity and $610 million on available-for-sale securities. Deposits reached $77.2 billion, with 31.6% non-interest-bearing balances.
Risk factors emphasize sensitivity to interest rates, potential credit losses, CRE market stress, climate and ESG expectations, and reliance on key talent. The allowance for credit losses on funded loans was $460.6 million, with an additional $49.6 million on unfunded commitments, and other real estate owned totaled $137 million. The company also notes credit-linked notes covering first losses on an $8.1 billion residential mortgage pool and reports a workforce of 3,769 full-time equivalent employees with rising ethnic diversity and moderating turnover.
Western Alliance Bancorporation describes a diversified commercial bank focused on lending, deposits and specialized financial services through Western Alliance Bank and subsidiaries. At December 31, 2025, loans held for investment totaled $58.7 billion, about 63% of total assets, led by commercial and industrial credits at 48% of the portfolio, residential real estate at 25%, and commercial real estate and construction at 27% combined.
The company highlights concentrated exposures, including $2.1 billion of non-owner occupied office CRE loans and $14.7 billion of loans to non-depository financial institutions. Investment securities were $20.5 billion, roughly 22% of assets, and carry gross unrealized losses of $160 million on held-to-maturity and $610 million on available-for-sale securities. Deposits reached $77.2 billion, with 31.6% non-interest-bearing balances.
Risk factors emphasize sensitivity to interest rates, potential credit losses, CRE market stress, climate and ESG expectations, and reliance on key talent. The allowance for credit losses on funded loans was $460.6 million, with an additional $49.6 million on unfunded commitments, and other real estate owned totaled $137 million. The company also notes credit-linked notes covering first losses on an $8.1 billion residential mortgage pool and reports a workforce of 3,769 full-time equivalent employees with rising ethnic diversity and moderating turnover.
Western Alliance Bancorporation filed an 8-K announcing plans to host a 2026 Investor Day on May 12, 2026, in New York City. The event will feature presentations from the executive leadership team covering strategy, operating priorities, and the company’s financial outlook, followed by a question-and-answer session.
A live webcast, detailed agenda, and presentation materials will be available on the company’s Investor Relations website, with a replay archived after the event. Western Alliance describes itself as a top-performing banking company with $90 billion in assets and offices nationwide.
Western Alliance Bancorporation filed an 8-K announcing plans to host a 2026 Investor Day on May 12, 2026, in New York City. The event will feature presentations from the executive leadership team covering strategy, operating priorities, and the company’s financial outlook, followed by a question-and-answer session.
A live webcast, detailed agenda, and presentation materials will be available on the company’s Investor Relations website, with a replay archived after the event. Western Alliance describes itself as a top-performing banking company with $90 billion in assets and offices nationwide.