Kennedy Barbara 4

What Happened Barbara Kennedy, Chief Human Resources Officer at Western Alliance Bancorporation (WAL), had shares disposed to satisfy tax withholding obligations reported on Form 4. On 2026-02-06 she disposed of 397 shares at $94.39 each for $37,473, and on 2026-02-07 she disposed of 621 shares at $94.39 each for $58,616 — a combined 1,018 shares and roughly $96,089. These transactions are reported under code F (payment of exercise price or tax liability), which typically indicates shares were withheld/sold to cover taxes from option exercises or award vesting rather than an open-market investment decision.

Key Details

• Transaction dates and prices: 2026-02-06 — 397 shares @ $94.39 ($37,473); 2026-02-07 — 621 shares @ $94.39 ($58,616).
• Total disposed: 1,018 shares for approximately $96,089.
• Transaction code: F — payment of exercise price or tax liability (tax withholding/cashless disposition).
• Shares owned after the transactions: not specified in the provided filing details.
• Filing date: 2026-02-10; the Form 4 was filed on Feb 10 and appears timely relative to the reported transaction dates (no late filing flag reported).
• No 10b5-1 plan or other special footnotes were indicated in the information provided.

Context Code F transactions are routine tax-withholding actions that occur when insiders exercise options or when restricted stock/awards vest and shares are surrendered to cover taxes. These dispositions generally reflect tax mechanics rather than a directional bet on the company, so they carry less interpretive weight about the insider’s view of the stock.