Western Alliance Bancorporation | Additional disclosures from our transfer agent at Western Alliance Bancorporation

Status
Omitted
AGM date
Resolution details
Company ticker
WAL
Lead filer
Individual
Resolution ask
Report on or disclose
ESG theme
  • Governance
ESG sub-theme
  • Shareholder rights
Type of vote
Shareholder proposal
Filer type
Shareholder
Company HQ country
United States
Resolved clause
Western Alliance Bancorp should demand additional disclosures from our transfer agent for the benefit of our registered holders including: 1) Providing an update regarding alleged arbitrage opportunities that may be enabled through recurring Purchase Plan purchases. 2) Disclosing how investor’s registered shares used for “operational efficiency” (which title is legally owned by Cede & Co.) are protected (or insured). According to section 15 of our investment plan, securities held in DirectStock accounts are not insured. 3) Disclosing how Computershare determines what percentage of aggregate DSPP shares are held at DTC for operational efficiency. 4) Disclosing specifically why certificated shares (that are enrolled in Purchase Plan) can not be held at DTC for operational efficiency.

DISCLAIMER: By including a shareholder resolution or management proposal in this database, neither the PRI nor the sponsor of the resolution or proposal is seeking authority to act as proxy for any shareholder; shareholders should vote their proxies in accordance with their own policies and requirements.

Any voting recommendations set forth in the descriptions of the resolutions and management proposals included in this database are made by the sponsors of those resolutions and proposals, and do not represent the views of the PRI.

Information on the shareholder resolutions, management proposals and votes in this database have been obtained from sources that are believed to be reliable, but the PRI does not represent that it is accurate, complete, or up-to-date, including information relating to resolutions and management proposals, other signatories’ vote pre-declarations (including voting rationales), or the current status of a resolution or proposal. You should consult companies’ proxy statements for complete information on all matters to be voted on at a meeting.