Western Alliance Bancorporation has established a new Executive Stock and Bonus Deferral Plan, allowing members of its Executive Leadership Team to defer 0%, 25%, or 50% of their annual cash bonuses and certain stock compensation each year. Deferred amounts are credited as deferred stock units and remain subject to the original vesting schedule, with the potential to earn dividend equivalents if dividends are paid on underlying shares. Upon separation from the company, executives can choose to receive their deferred compensation in two or three annual installments, while beneficiaries receive any outstanding vested balances in a lump sum upon the participant's death. The plan does not include company contributions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Western Alliance Bancorporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-058538), on December 22, 2025, and is solely responsible for the information contained therein.
Comments