Timothy W. Boothe, the Chief Administration Officer of Western Alliance Bancorporation, has disclosed several stock transactions in a recent SEC filing. This filing is significant as it reflects Boothe's ongoing involvement with the company’s equity, potentially influencing investor perceptions and corporate governance.
Background
Western Alliance Bancorporation, identified by CIK 0001212545, operates in the state commercial banks sector. The company is incorporated in Delaware and has its fiscal year ending on December 31. Its business address is located at One E. Washington Street, Suite 1400, Phoenix, AZ, 85004. The recent filing history includes multiple Form 4 submissions, indicating ongoing transactions by its executives.
What the Filing Says
The SEC filing, dated October 19, 2026, reveals that Boothe executed several transactions on October 15, 2026. Specifically, he acquired and disposed of common stock and cash-settled restricted stock units. The filing details that Boothe acquired 97 shares of common stock and disposed of 97 shares at a price of $74.35 per share. Following these transactions, he owns a total of 65,414 shares.
Impact
These transactions may affect shareholders and potential investors as they reflect the confidence and actions of the company's leadership. Boothe’s management of his stock holdings could signal his views on the company's future performance. Moreover, such disclosures are essential for transparency and maintaining investor trust in the banking sector.
What's Next
The filing does not say what happens next.