Western Alliance (WAL) Director Christopher Halmy Receives Award

What Happened Christopher A. Halmy, a director of Western Alliance Bancorporation (WAL), was granted 2,580 Deferred Stock Units (DSUs) on February 5, 2026. The award is reported as a derivative grant at a $0.00 per-unit price (no cash exchanged). The DSUs vest on February 5, 2027 and will be paid in common stock after a separation from service per the issuer’s Director Deferral Plan.

Key Details

• Transaction date: 2026-02-05; Report filed: 2026-02-09.
• Transaction type/code: A — Award/Grant (derivative DSUs) at $0.00; quantity: 2,580 units.
• Vesting/payable: Vesting on 2027-02-05; DSUs are converted to shares and paid after separation from service (per footnote F1).
• Shares owned after transaction: Not specified in the provided filing details.
• Timeliness: Filing posted four days after the transaction date; no late-filing flag (no "L") indicated on the reported transaction.

Context Deferred Stock Units are a non-cash, deferred-compensation award that entitles the director to receive shares in the future (here, after vesting and separation). Such director DSU grants are routine compensation and do not indicate a market buy or sell by the insider.