Western Alliance Bancorporation: CFO Idnani Vishal sold 123 shares

What happened

• Idnani Vishal, chief financial officer, exercised a derivative and disposed of 123 shares. The filing shows an exercise or conversion (M) that resulted in 123 shares acquired at $0.00 and a same-day disposition to the issuer (D) of 123 shares at $74.35 for $9,145. The filing also lists a derivative exercise entry for 123 shares with price and value marked N/A.

Key details

• Transaction date: Oct 15, 2026.
• Transactions reported: exercise/conversion (M) of 123 shares acquired at $0.00; disposition to the issuer (D) of 123 shares at $74.35 for $9,145; an additional derivative exercise line for 123 shares with price/value N/A.
• Shares owned after the transaction: not reported in this filing.
• Footnotes:
  • 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 Mar 2026 and ending Feb 2029.
  • F2: Each unit is the economic equivalent of one share of Western Alliance Bancorporation common stock.
• Filing date and period of report: filed Oct 19, 2026; period of report Oct 15, 2026. The filing does not indicate timeliness status.

Why it may matter

• The filing shows a derivative exercise and an immediate disposition to the issuer on the same day, meaning the exercised shares were sold immediately to the company (i.e., a cashless exercise or sale to cover withholding is reported).
• For one reported line the price and value are marked N/A, indicating limited detail for that entry.
• A filing does not show why the insider traded or why the company acted.