Boothe Timothy W 4

What Happened

• Timothy W. Boothe, Chief Administration Officer of Western Alliance Bancorporation (WAL), was granted equity awards on Feb 5, 2026: 1,647 shares reported as acquired at $0.00 and 2,469 derivative units (economic equivalent of shares) reported as acquired with no purchase price disclosed. The stock award shows a $0 acquisition price (a compensation grant rather than a market purchase); the derivative units are cash‑settled and will pay out over time.

Key Details

• Transaction date: 2026-02-05; Form 4 filed: 2026-02-09 (timely filing).
• Awarded: 1,647 shares @ $0.00 (common stock award); 2,469 derivative units (economic equivalent of shares), acquisition value listed as N/A.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes: F1 — each derivative unit equals the economic equivalent of one WAL share; F2 — the 2,469 cash‑settled units vest and are payable in cash 1/36th on the 15th of each month from March 15, 2026 through February 2029.
• Transaction type code: A = Award/Grant (compensation), not an open‑market purchase or sale.

Context

• These awards are compensation-related grants (not purchases) and the cash‑settled units will be paid out monthly over 36 months, so they do not represent immediate share purchases or sales. Compensation grants can align executives’ interests with shareholders but are not the same signal as an insider buying stock on the open market.