Western Alliance Bancorporation: vice chair and cbo Gibbons Dale sold 726 shares

What happened

• Gibbons Dale, vice chair and cbo, exercised or converted derivative units and disposed of a total of 726 shares on Oct 15, 2026. The filings show exercises/acquisitions of 285, 212 and 229 shares at $0.00 and corresponding dispositions to the issuer of 285, 212 and 229 shares at $74.35 for $21,190; $15,762; and $17,026 respectively (total proceeds $53,978). The filing also lists corresponding derivative dispositions shown with N/A price.

Key details

• Transaction date and prices: Oct 15, 2026; exercises recorded at $0.00; dispositions to issuer at $74.35 per share.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Relevant footnotes: F1, F3, F4 — units vest and are payable solely in cash, 1/36th on the 15th of each month over 36 months beginning Mar 2024 (F1), Mar 2025 (F3), and Mar 2026 (F4). F2 — each unit is the economic equivalent of one share. F5 — reflects shares held in the 401K Plan including employer match as of Oct 15, 2026.
• Filing date and timeliness: filed Oct 19, 2026 for report period Oct 15, 2026; the filing does not indicate a late filing.

Why it may matter

• The filing shows exercise or conversion of derivative units followed by immediate disposition to the issuer (the shares were sold back to the issuer rather than retained).
• This filing does not show why the insider traded or why the company acted.