{"schema_version":"secwatch.filing_event.v1","accession":"0001212545-22-000099","form_type":"8-K","ticker":"WAL","cik":"0001212545","company_name":"WESTERN ALLIANCE BANCORPORATION","filed_at":"2022-04-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:59.968617+00:00","generated_at":"2026-06-26T08:41:33.483399+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"CEO Vecchione signs 3-year extension; Sarver & Hilton retire; Beach named Chairman","bullets":["Vecchione's base salary rises to $1.3M in 2022, $1.4M in 2023, $1.5M in 2024; target bonus 150% of salary.","Vecchione receives annual LTIP grants of $3.25M (2022), $3.5M (2023), $3.75M (2024) plus one-time $3.25M award in 2022.","Robert Sarver (Executive Chairman) and Steve Hilton (Director) retire effective June 14, 2022 annual meeting.","Bruce Beach, currently Lead Independent Director, appointed Chairman effective June 14, 2022.","Patricia Arvielo, Co-Founder of New American Funding, nominated for Board seat."],"urls":{"canonical":"https://secwatch.observer/filing/0001212545-22-000099","json":"https://secwatch.observer/filing/0001212545-22-000099.json","markdown":"https://secwatch.observer/filing/0001212545-22-000099.md","text":"https://secwatch.observer/filing/0001212545-22-000099.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1212545/000121254522000099/0001212545-22-000099-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1212545/000121254522000099/wal-20220401.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T08:41:33.483399+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"09e2a69244","claim":"Steven Hilton retired as Director at WESTERN ALLIANCE BANCORPORATION.","evidence_excerpt":"On April 4, 2022, Steven Hilton also notified the Board of Directors of the Company of his decision to retire as a director of the Company and the Bank effective as of the date of the Company’s 2022 annual meeting of stockholders.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1212545/000121254522000099/0001212545-22-000099-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"475d2e3dbe","claim":"Bruce Beach was appointed as Chairman at WESTERN ALLIANCE BANCORPORATION.","evidence_excerpt":"On April 6, 2022, the Board of Directors of the Company and the Bank each appointed Bruce Beach, currently the Lead Independent Director, as Chairman of the respective Boards, effective as of the date of the Company’s 2022 annual meeting of stockholders.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1212545/000121254522000099/0001212545-22-000099-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairman"}],"fact_type":"executive_change"},{"claim_id":"a5d7a36167","claim":"Robert Sarver retired as Executive Chairman at WESTERN ALLIANCE BANCORPORATION.","evidence_excerpt":"On April 1, 2022, Robert Sarver notified the Board of Directors of his decision to retire from his position of Executive Chairman of the Company and as a director of the Company and Western Alliance Bank (the “Bank”), both effective as of the date of the Company’s 2022 annual meeting of stockholders, which is scheduled to be held on June 14, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1212545/000121254522000099/0001212545-22-000099-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}