Form 4 for WAL WESTERN ALLIANCE BANCORPORATION

Accepted 2026-02-09 00:00:00 ET · period of report 2026-02-05 · accession 0001628280-26-006464 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2026-02-09	2026-02-05	WAL	Kennedy Barbara	CHRO	A - Grant	$0.00	+988	9,741	+11%	$0
DM	2026-02-09	2026-02-05	WAL	Kennedy Barbara	CHRO	A - Grant	$0.00	+3,951	2,963	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2026-02-05	A	A	988	$0.00	9,741	D	—	—
2	Derivative	Deferred Stock Units	2026-02-05	A	A	988	$0.00	988	D	— · — to —	988 Common Stock	(F1) Represents the grant of Deferred Stock Units under the Issuer's Stock Incentive Plan and credited under the Issuer's Executive Stock and Bonus Deferral Plan and are granted as the deferred portion of the executive officer's annual restricted stock award vesting 50% on the second and third anniversaries of the grant date. Deferred Stock Units are paid in shares of Common Stock issued under the Issuer's Stock Incentive Plan after a separation from service pursuant to the Executive Stock and Bonus Deferral Plan.
3	Derivative	Cash Settled Restricted Stock Units	2026-02-05	A	A	2,963	—	2,963	D	— · — to —	2,963 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 2026 and ending February 2029. (F2) Each unit is the economic equivalent of one share of Western Alliance Bancorporation common stock.