Boothe Timothy W 4

What Happened

• Timothy W. Boothe, Chief Administration Officer of Western Alliance Bancorporation (WAL), had a total of 983 shares withheld to satisfy tax obligations associated with equity (code F). The Form 4 reports 384 shares withheld on 2026-02-06 at $94.39 each ($36,246) and 599 shares withheld on 2026-02-07 at $94.39 each ($56,540), for a combined value of about $92,786. These were tax-withholding dispositions, not open-market sales.

Key Details

• Transaction dates and prices: 2026-02-06 — 384 shares @ $94.39 (disposed) = $36,246; 2026-02-07 — 599 shares @ $94.39 (disposed) = $56,540.
• Total shares withheld: 983; total approximate value: $92,786.
• Transaction code F: payment of exercise price or tax liability (withholding to cover taxes).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Filing date: Form filed 2026-02-10; the filing lists the 2/6 and 2/7 transactions. No late-filing designation was provided in the excerpt.

Context

• These transactions reflect tax withholding (often a cashless method when options vest or are exercised) rather than a discretionary sale into the market; withheld shares are a routine administrative step and do not necessarily indicate the insider’s view of the company’s stock.
• For retail investors, purchases are generally more informative than routine withholdings; treat this as a tax-related disposition, not a sell signal.