Figuereo Juan R 4

What Happened

• Juan R. Figuereo, a director of Western Alliance Bancorporation (WAL), received an award of 2,580 Deferred Stock Units (DSUs) on February 5, 2026. The grant is reported as a derivative award at $0.00 per unit (no cash paid at grant).
• This is a compensation award (not a market purchase or sale) that represents the right to receive common stock later; it is not an immediate purchase or sale of shares.

Key Details

• Transaction date: 2026-02-05; Form 4 filed: 2026-02-09.
• Award: 2,580 Deferred Stock Units (DSUs) at $0.00 (derivative award).
• Vesting/payment: DSUs vest on February 5, 2027 and are payable in common shares issued under the company’s Stock Incentive Plan after a separation from service per the Director Deferral Plan.
• Shares owned after transaction: not specified in the filing.
• Footnote: DSUs were granted under the Issuer’s Stock Incentive Plan and credited under the Director Deferral Plan; payment in shares occurs after separation.

Context

• Deferred stock units are a form of director compensation and do not reflect an immediate buy or sell decision in the market; they convert to stock later (typically when the director leaves service).
• Such awards are common for non-employee directors as deferred compensation and should be viewed as compensation-related, not an explicit trading signal.