Barrow Hanley holds 2.36M WAL shares (2.15%) — Schedule 13G (WAL)

Rhea-AI Filing Summary

Western Alliance Bancorp Schedule 13G shows Barrow Hanley Global Investors reported beneficial ownership of 2,362,939 shares, representing 2.15% of common stock as of 03/31/2026.

The filing lists voting and dispositive powers: sole power to vote 1,789,458, shared power to vote 573,481, sole dispositive power 2,362,939, and shared dispositive power 0. The form is filed under the "Ownership of 5 Percent or Less of a Class" disclosure.

Insights

Institutional Ownership Analyst

Large institutional stake reported at low double‑digit basis points.

Barrow Hanley reports beneficial ownership of 2,362,939 shares or 2.15% as of 03/31/2026. This size is typical for an asset manager owning a passive stake under 5% and is disclosed on a Schedule 13G.

The filing shows voting breakdowns (sole vs shared) that clarify control over dispositions. Subsequent filings may update position sizes if trading occurs.

Corporate Governance Specialist

Voting and dispositive power details clarify influence level.

The report lists 1,789,458 shares with sole voting power and 573,481 shares with shared voting power, indicating where voting authority resides within the reported position. Sole dispositive power equals total reported beneficial ownership (2,362,939).

Because the disclosure is under the 5% category, it signals passive ownership; any change in intent or crossing of thresholds would require amended filings.

Key Figures

Reported beneficial ownership: 2,362,939 shares Percent of class: 2.15% Sole power to vote: 1,789,458 shares +3 more

6 metrics

Reported beneficial ownership 2,362,939 shares reported as of 03/31/2026

Percent of class 2.15% percentage of common stock

Sole power to vote 1,789,458 shares sole voting power reported

Shared power to vote 573,481 shares shared voting power reported

Sole dispositive power 2,362,939 shares sole power to dispose or direct disposition

Shared dispositive power 0 shared dispositive power reported

Key Terms

Schedule 13G, beneficially owned, sole dispositive power

3 terms

Schedule 13G regulatory

"Item 5. | Ownership of 5 Percent or Less of a Class."

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

beneficially owned regulatory

"Item 4. | Ownership (a) | Amount beneficially owned: 2,362,939"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole dispositive power regulatory

"Item 4. | (iii) Sole power to dispose or to direct the disposition of: 2,362,939"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/13/2026 - 02:52 PM Learn about SEC filing dates

FAQ

What stake does Barrow Hanley report in Western Alliance Bancorp (WAL)?

Barrow Hanley reports beneficial ownership of 2,362,939 shares, equal to 2.15% of common stock as of 03/31/2026. The filing is a Schedule 13G under the "5 percent or less" disclosure category.

What voting powers does Barrow Hanley disclose for WAL shares?

The filing shows sole voting power for 1,789,458 shares and shared voting power for 573,481 shares. These counts are reported on the Schedule 13G ownership table.

Does the Schedule 13G indicate Barrow Hanley controls dispositions of WAL shares?

Yes. The report lists sole dispositive power over 2,362,939 shares and shared dispositive power of 0, indicating sole authority to direct disposition of the reported shares.

What filing date and signature appear on the Schedule 13G for WAL?

The ownership figures are reported as of 03/31/2026. The Schedule 13G is signed by Hannah Ackels, CCO with a signature date of 05/13/2026.

Is Barrow Hanley’s stake considered a passive holding under SEC rules?

The form is filed under the "Ownership of 5 Percent or Less of a Class" category, consistent with passive or non-control reporting for holdings at or below 5%. The filing does not state an active control intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Western Alliance Bancorp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

957638109

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 957638109

1

Names of Reporting Persons

BARROW HANLEY MEWHINNEY & STRAUSS LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,789,458.00
6	Shared Voting Power 573,481.00
7	Sole Dispositive Power 2,362,939.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,362,939.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.15 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Western Alliance Bancorp
(b)	Address of issuer's principal executive offices: 1 East Washington Street, Suite 1400, Phoenix, Arizona, 85004
Item 2.
(a)	Name of person filing: Barrow Hanley Global Investors
(b)	Address or principal business office or, if none, residence: 2200 Ross Avenue, 31st Floor Dallas, TX 75201
(c)	Citizenship: Delaware LLC
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 957638109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,362,939
(b)	Percent of class: 2.15%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1,789,458
	(ii) Shared power to vote or to direct the vote: 573,481
	(iii) Sole power to dispose or to direct the disposition of: 2,362,939
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BARROW HANLEY MEWHINNEY & STRAUSS LLC

Signature:	Hannah Ackels
Name/Title:	Hannah Ackels, CCO
Date:	05/13/2026