Form 4: ASB CFO Meyer Reports Routine Stock Transactions

Associated Banc-Corp's CFO, Derek S. Meyer, disclosed routine stock transactions including tax-related share surrender and acquisition of dividend equivalent units.

Summary

• Derek S. Meyer, EVP, Chief Financial Officer of Associated Banc-Corp (ASB), reported changes in his beneficial ownership of common stock.
• On February 8, 2026, Meyer disposed of 1,292 shares of common stock at a price of $29.37 per share.
• This disposition was to satisfy tax withholding obligations arising from the tranche vesting of time-based restricted stock granted in 2023, 2024, and 2025.
• On the same date, Meyer acquired 148 shares of common stock at $29.37 per share.
• These acquired shares represent dividend equivalent units earned on vested shares, a portion of which Meyer has elected to defer into the Executive's Deferred Compensation Plan.
• Following these transactions, Meyer beneficially owns 56,358.379 shares of Associated Banc-Corp common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the reported transactions are routine, non-discretionary actions related to executive compensation and tax obligations, rather than discretionary open market purchases or sales.

Positives

• The acquisition of 148 shares through dividend equivalent units indicates ongoing accumulation of equity by the CFO, albeit a small amount.
• The overall beneficial ownership of 56,358.379 shares by the CFO demonstrates a significant stake in the company.

Negatives

• The disposition of 1,292 shares, while for tax purposes, represents a reduction in direct holdings.

Future Outlook

N/A

Industry Context

StockSavvy.ai notes that routine insider transactions, such as those related to restricted stock vesting and tax obligations, are common across the banking industry as part of executive compensation packages. These transactions typically do not signal a change in strategic direction or financial health but rather reflect the mechanics of long-term incentive plans.

Related Party Transactions

• The transactions involve an executive (Derek S. Meyer) and the company (Associated Banc-Corp) regarding equity compensation, which are inherently related party transactions.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine compensation-related transactions and do not reflect a change in the company's operational or financial performance. The CFO maintains a significant beneficial ownership.
• Management: The transactions reflect the execution of the CFO's long-term incentive plan and associated tax obligations.

Key Dates

Recommendation

The filing details routine, non-discretionary transactions by a key executive related to compensation and tax obligations. These events do not provide new fundamental information about the company's performance or future prospects that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals.

Keywords

Associated Banc-Corp, ASB, Derek S. Meyer, CFO, Form 4, Insider Trading, Stock Transaction, Restricted Stock, Tax Withholding, Dividend Equivalent Units, Executive Compensation, Beneficial Ownership