LATTA ROBERT P 4

What Happened
Robert P. Latta, a director of Western Alliance Bancorporation (WAL), was granted 2,580 shares on February 5, 2026. The filing reports the acquisition as an award (transaction code A) at $0.00 per share (total reported value $0), indicating a compensatory grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-05 (reported on Form 4 filed 2026-02-09) — filing appears timely (within the two-business-day Rule 16 reporting window).
• Transaction type/code: A = Award/grant/other acquisition.
• Shares acquired: 2,580 shares; Price: $0.00 per share; Reported total value: $0.
• Shares owned after the transaction: Not specified in the provided filing details.
• Notable footnotes: The filing lists the acquisition as an award; it does not specify vesting, restrictions, or whether this is RSUs vs. restricted stock.

Context

• Award/grant transactions typically reflect compensation or board-related awards and are not a direct market purchase or sale. They do not necessarily signal a buy/sell decision by the insider.
• Because the filing shows an award at $0, this is most consistent with a compensatory grant rather than a cash transaction. The Form 4 was filed on Feb 9, 2026, which aligns with timely reporting requirements.