GIBBONS DALE 4

What Happened
Dale Gibbons, Vice Chair and Chief Banking Officer (Deposits) of Western Alliance Bancorporation (WAL), sold a total of 40,000 shares on June 9, 2026 in open-market transactions (sales). The sale comprised 33,228 shares at a weighted-average price of $82.64 (proceeds $2,745,962) and 6,772 shares at a weighted-average price of $81.16 (proceeds $549,616), for combined proceeds of approximately $3,295,578. Sales are labeled as S (sale) on the Form 4.

Key Details

• Transaction date: 2026-06-09; Form 4 filed 2026-06-10 (filed the next day; timely).
• Shares sold: 33,228 @ weighted avg $82.64 (range $83.06–$82.50) and 6,772 @ weighted avg $81.16 (range $81.32–$81.02). Total shares sold = 40,000; total proceeds ≈ $3.30M. (Footnotes F1 & F2 explain the weighted-average pricing and price ranges.)
• Shares owned after transaction: not specified in the provided filing. Footnote F3 notes 401(k) plan holdings include employer match as of 5/28/26.
• Transaction type: open market/private sale (Form 4 reports S = sale). No 10b5-1 plan or tax withholding noted in the provided items.

Context
Sales by executives can be routine (diversification, tax planning, 401(k) rules, etc.) and do not by themselves indicate company performance. This filing is a straightforward disclosure of an insider sale; there is no public indication in the report of option exercises, awards, or other derivative transactions.