Form 4: ASB CIO Acquires Shares via ESPP

Associated Banc-Corp's Chief Information Officer, Terry Lynn Williams, acquired 87.7228 shares of common stock through an Employee Stock Purchase Plan.

Summary

• Terry Lynn Williams, Chief Information Officer of Associated Banc-Corp (ASB), acquired 87.7228 shares of ASB common stock.
• The shares were purchased at a price of $25.079 per share.
• This transaction occurred on August 15, 2025, and was reported on August 18, 2025.
• The acquisition was made through the Issuer's Employee Stock Purchase Plan (ESPP) and was pursuant to a Rule 10b5-1(c) plan.
• Following this transaction, Terry Lynn Williams beneficially owns 12,649.7791 shares of ASB common stock directly.

Sentiment

Score: 6

Explanation: The acquisition of shares by a Chief Information Officer through an Employee Stock Purchase Plan is a routine event that aligns insider interests with shareholders. While it indicates some level of confidence, the small transaction size limits its overall market impact or strong positive sentiment.

Positives

• The acquisition of shares by a Chief Information Officer signals a degree of confidence in the company's future.
• Participation in the Employee Stock Purchase Plan aligns the interests of management with those of shareholders.

Negatives

• The transaction size of 87.7228 shares is relatively small, limiting its overall significance.

Risks

• No specific new risks are introduced or highlighted in this Form 4 filing beyond the general market risks associated with holding company stock.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides a minor positive signal due to increased insider ownership and alignment of interests.
• Employees: Reinforces the availability and utilization of employee benefit programs like the ESPP.

Key Dates

Recommendation

The filing reports a routine, small-scale acquisition of shares by a corporate officer through an Employee Stock Purchase Plan. While it demonstrates alignment of interests, the transaction size is not significant enough to warrant a change in investment thesis or a strong buy/sell recommendation based solely on this filing. Investors should consider broader company fundamentals and market conditions.

Keywords

Associated Banc-Corp, ASB, Terry Lynn Williams, Chief Information Officer, Insider Trading, Form 4, SEC Filing, Employee Stock Purchase Plan, ESPP, Stock Acquisition, Corporate Officer