BEACH BRUCE D 4

What Happened
Bruce D. Beach, a director of Western Alliance Bancorporation (WAL), was granted 3,458 shares on February 5, 2026. The acquisition is reported as an award/grant (transaction code A) and shows an acquisition price of $0.00 on the Form 4, indicating a non‑cash stock award (e.g., restricted stock or similar compensation), not an open‑market purchase.

Key Details

• Transaction date: 2026-02-05; reported on Form 4 filed 2026-02-09 (timely — within the required two business days).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 3,458 shares at $0.00 (no cash paid at grant).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: On March 5, 2025, Mr. Beach transferred 5,437 shares to the Beach Revocable Trust U/A DTD 7/27/2007.
• Filing timeliness: Filed Feb 9, 2026 — appears timely under Form 4 rules.

Context
Grants reported at $0.00 are typically company compensation awards (restricted stock or RSUs) and are common for directors; they do not necessarily reflect a personal cash investment or an immediate bullish market signal. This report documents the award but does not by itself indicate intent to hold or sell future shares.