Lynne Herndon - Nov 15, 2025 Form 4 Insider Report for WESTERN ALLIANCE BANCORPORATION (WAL)

Role
Chief Credit Officer
Signature
/s/Jessica Jarvi (Attorney-in-fact)
Stock symbol
WAL
Transactions as of
Nov 15, 2025
Transactions value $
-$4,456
Form type
4
Date filed
11/18/2025, 04:16 PM
Previous filing
Oct 17, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Herndon Lynne Chief Credit Officer 1 E. WASHINGTON STREET, SUITE 1400, PHOENIX /s/Jessica Jarvi (Attorney-in-fact) 2025-11-18 0002007542

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WAL Common Stock Options Exercise $0 +35 +2.58% $0.00 1.39K Nov 15, 2025 Direct F1, F2
transaction WAL Common Stock Disposed to Issuer -$2.74K -35 -2.51% $78.17 1.36K Nov 15, 2025 Direct
transaction WAL Common Stock Options Exercise $0 +22 +1.62% $0.00 1.38K Nov 15, 2025 Direct F2, F3
transaction WAL Common Stock Disposed to Issuer -$1.72K -22 -1.59% $78.17 1.36K Nov 15, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WAL Cash Settled Restricted Stock Units Options Exercise -35 -6.46% 507 Nov 15, 2025 Common Stock 35 Direct F1, F2
transaction WAL Cash Settled Restricted Stock Units Options Exercise -22 -3.56% 596 Nov 15, 2025 Common Stock 22 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.