WAL WESTERN ALLIANCE BANCORPORATION Insider Trading

Dale Gibbons (VP Chair/CBO) sells 40,000 shares at $82.39 avg for $3.3M at WAL

Dale Gibbons, Vice Chair and CBO of Deposits at Western Alliance Bancorporation, executed 2 separate sales totaling 40,000 shares for $3,295,577.44 on 2026-06-09, reducing holdings from 307,093 to 267,093 shares (-13.0%). The sales occurred at a blended average price of $82.39, close to the current price of $81.58. His prior open-market buy at WAL on 2025-10-30 generated a 90-day return of +15.2%, reflecting favorable entry timing. The current sale occurs with the stock up 19.8% over 90 days and 6.0% over 30 days, while trading 16.1% below its 52-week high of $97.23. With a P/E of 9.36, strong fundamentals including net income of $182,100,000.00 and annual revenue growth of +99.7%, and a market cap of $8,907,341,668.80, the context does not reveal obvious fundamental distress driving the transaction.

Director Marianne Boyd sells entire 23,142-share WAL stake for $2.0M at $87.05 blended price on 2025-12-15.

Marianne Boyd, a Director at Western Alliance Bancorporation, executed five separate sales totaling 23,142 shares for $2,014,422.94, completely liquidating her remaining shareholding in the company. The sales occurred across a narrow price range of $86.50 to $87.95, suggesting coordinated execution on a single trading day. This complete exit is a notable change in her director-level involvement and warrants review of any personal circumstances, succession planning updates, or evolving business strategy. WAL's trailing valuation metrics (P/E 10.54, annual revenue growth -31.0%) and recent 90-day stock performance (-3.0%) provide context, though the timing of a full director liquidation should be monitored against any subsequent company announcements or shifts in board composition.

CFO Dale Gibbons bought 4,000 shares of WAL at $77.00 on 2025-10-30, expanding holdings to 300,358 shares amid stock down 20.3% from 52-week high

GIBBONS DALE, Vice Chairman and CFO, acquired 4,000 shares at $77.00, increasing holdings to 300,358 shares from 296,358 shares. The transaction occurs with the stock trading at $76.63 (current price), down -20.3% from its 52-week high of $96.10 and down -11.6% over the past 30 days. Against this price weakness, an insider purchase by the CFO represents a direct capital allocation decision. However, the company's fundamentals show significant strain: net income of $230,400,000.00 masks a -31.0% decline in annual revenue growth, and the P/E of 9.99 reflects depressed market sentiment. The modest size of this purchase (4.0K shares against holdings of 300.4K, a +1.3% increase) and near-current-market execution price do not indicate accumulation at a particularly advantaged level.

Director Marianne Boyd Johnson sells 12.5K WAL shares (63.0% of holdings) for $1.0M at $81.00

Director Marianne Boyd Johnson sold 12,516 shares at $81.00 on 2024-08-30, reducing her holdings from 19,867 to 7,351 shares—a 63.0% reduction in her stake. This substantial divestiture occurred at $81.00, near the 52-week high of $82.10, and the stock has since declined 2.7% from that high. Notably, Johnson's cross-ticker track record shows a 100.00% well-timed rate across 5 prior sells, with her sales historically followed by negative average 90-day returns of -14.3%, suggesting her sell decisions have correlated with subsequent price weakness. However, Western Alliance itself shows strong recent momentum: revenue growth of +123.6% year-over-year, a lean P/E of 11.96, and 30-day and 90-day price appreciation of +9.0% and +35.5% respectively. The combination of a large-scale director divestiture near a 52-week high, coupled with her pattern of well-timed sells, warrants closer attention to whether this signals changing views on valuation despite near-term strength in the stock and the company's rapid growth trajectory.

Kennedy (CHRO) sold 11,083 shares at $81.59, reducing stake by -58.1%, retaining 7,977 shares at WAL.

Barbara Kennedy, Chief Human Resources Officer of Western Alliance Bancorporation, sold 11,083 shares at $81.59 on 2024-08-26, reducing her holdings from 19,060 shares to 7,977 shares—a -58.1% reduction in her position. The sale occurred near the 52-week high of $82.10, with the stock currently trading at $80.60. The company reports strong fundamentals: net income of $193,600,000.00 in the latest quarter, annual revenue growth of +123.6%, and a P/E of 12.07, suggesting a valuation that remains reasonable despite the recent strength. The sale represents a significant reduction of the executive's equity stake, though she retains material holdings; the timing relative to the stock's proximity to its 52-week peak and the scale of the reduction warrant investor attention to any contemporaneous disclosure context.