Vecchione Kenneth 4

4 · WESTERN ALLIANCE BANCORPORATION · Filed Jul 17, 2026

AI-generated summary of this filing

Updated Jul 17, 2026

Western Alliance (WAL) CEO Kenneth Vecchione Sells $128K in Shares

What Happened

Kenneth Vecchione (Chairman, President & CEO, Director) exercised/conversion of derivative units and immediately disposed of the resulting shares to the issuer on July 15, 2026. The filing shows three dispositions: 539, 437 and 595 shares sold to the issuer at $81.79 each, generating total proceeds of $128,492. The related exercise/conversion entries show acquisition at $0 (derivative conversion).

Key Details

Transaction date: 2026-07-15; filing date: 2026-07-17 (Form 4 filed timely).
Dispositions: 539 shares @ $81.79 = $44,085; 437 shares @ $81.79 = $35,742; 595 shares @ $81.79 = $48,665. Total disposed = 1,571 shares for $128,492.
Reported codes: M = exercise/conversion of derivative; D = disposition to the issuer.
Shares owned after the transactions: not provided in the information supplied.
Footnotes from the filing:
- F1/F3/F4: Units vest and are payable solely in cash in monthly installments (1/36th) over specified 36‑month schedules beginning March 2024, March 2025, and March 2026, respectively.
- F2: Each unit is the economic equivalent of one share of common stock.
- F5: Reflects shares held in the 401(k) plan, including employer match, as of 7/9/2026.

Context

The filing shows conversion/exercise of derivative units followed by immediate disposition to the issuer (cash settlement/surrender of shares as reported). This is a sale/settlement activity rather than a purchase; such transactions are often administrative (vesting/settlement or tax-related) rather than open‑market investment decisions. Transaction codes: M = exercise/conversion, D = disposition to issuer.

Form 4

Period: 2026-07-15

DirectorChairman, President & CEO

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-07-15+539→ 463,717 total
Disposition to Issuer
Common Stock
2026-07-15$81.79/sh−539$44,085→ 463,178 total
Exercise/Conversion
Common Stock
[F3][F2]
2026-07-15+437→ 463,615 total
Disposition to Issuer
Common Stock
2026-07-15$81.79/sh−437$35,742→ 463,178 total
Exercise/Conversion
Common Stock
[F4][F2]
2026-07-15+595→ 463,773 total
Disposition to Issuer
Common Stock
2026-07-15$81.79/sh−595$48,665→ 463,178 total
Exercise/Conversion
Cash Settled Restricted Stock Units
[F2][F1]
2026-07-15−539→ 3,785 total
→ Common Stock (539 underlying)
Exercise/Conversion
Cash Settled Restricted Stock Units
[F2][F3]
2026-07-15−437→ 8,297 total
→ Common Stock (437 underlying)
Exercise/Conversion
Cash Settled Restricted Stock Units
[F2][F4]
2026-07-15−595→ 18,427 total
→ Common Stock (595 underlying)

Holdings

Footnotes (5)

[F1]These units vest and are payable solely in cash as follows: 1/36th on the 15th day of each month during the 36-month period beginning March 2024 and ending February 2027.
[F2]Each unit is the economic equivalent of one share of Western Alliance Bancorporation common stock.
[F3]These units vest and are payable solely in cash as follows: 1/36th on the 15th day of each month during the 36-month period beginning March 2025 and ending February 2028.
[F4]These units vest and are payable solely in cash as follows: 1/36th on the 15th day of each month during the 36-month period beginning March 2026 and ending February 2029.
[F5]Reflects shares held in the 401K Plan to include employer match as of 7/9/2026.

Signature

/s/Jessica Jarvi (Attorney-in-fact)|2026-07-17

1 file