Jarvi Jessica H, Chief Legal Officer and Secretary, has demonstrated a consistent pattern of selling activity in Western Alliance Bancorporation (WAL) shares, with no recorded purchases across 52 transactions totaling $287,425 in gross proceeds. The transactions primarily involve periodic dispositions (Code D) and tax-related sales (Code F), with the most significant activity clustered in early 2026. Notably, three large sales occurred on February 5-7, 2026, totaling $131,725.50, including a $50,687.43 disposition on February 7 and a $33,319.67 transaction the prior day. Smaller but regular monthly sales occurred throughout late 2025 and early 2026, typically in the $3,500-$5,400 range, such as the $4,350.08 and $3,942.26 dispositions on March 15, 2026.
The absence of any buy transactions suggests a one-directional approach to equity management, with all activity tied to WAL. The transactions appear systematic, with multiple sales occurring on the same dates—such as three separate dispositions on March 15, 2026, collectively worth $11,418.96. While the February 2026 sales represent the largest single cluster by dollar volume, the overall pattern indicates ongoing divestment rather than concentrated liquidation. The lack of recent transactions beyond March 2026 leaves open whether this trend will continue, but the historical data reflects a clear disposition bias spanning at least five months.
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