Segedi Bryan K 4

What Happened

• Bryan K. Segedi, a director of Western Alliance Bancorporation (WAL), was granted 2,580 Deferred Stock Units (DSUs) on 2026-02-05. The Form 4 reports an acquisition coded as an award (A) at $0.00 per unit — a non-cash compensation grant (derivative security). This is an award/compensation, not a market purchase or sale.

Key Details

• Transaction date: 2026-02-05. Form 4 filed: 2026-02-09 (appears timely).
• Reported amount: 2,580 Deferred Stock Units; reported price $0.00 (award).
• Shares owned after transaction: Not disclosed on the Form 4.
• Footnote: These DSUs were granted under the Issuer's Stock Incentive Plan and credited under the Director Deferral Plan; they vest on February 5, 2027 and are paid in common shares issued under the plan after a separation from service per the Director Deferral Plan.
• Transaction code: A (award/grant). No tax-withholding, sale, or 10b5-1 plan noted.

Context

• Deferred Stock Units are a form of equity compensation that convert to common shares later (here, contingent on vesting and separation). They do not represent immediately tradable shares and therefore do not signal an immediate purchase or sale by the director. This filing records grant/compensation rather than an open-market trade.