Form 4: ASB Executive Buys Shares via Employee Plan

Associated Banc-Corp Executive Vice President John A. Utz acquired 53.8542 shares of common stock at $25.022 per share through the company's Employee Stock Purchase Plan.

Summary

• John A. Utz, Executive Vice President of Associated Banc-Corp (ASB), acquired 53.8542 shares of ASB common stock.
• The transaction occurred on November 17, 2025, at a price of $25.022 per share.
• The shares were purchased through the Issuer's Employee Stock Purchase Plan (ESPP).
• Following this transaction, Mr. Utz directly beneficially owns 111,841.6852 shares of common stock.
• Additionally, Mr. Utz indirectly beneficially owns 15,499.26 shares through a 401(k) Plan.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as an executive increased their ownership in the company, indicating confidence. However, the transaction size is relatively small and part of a routine employee plan, limiting the overall impact on sentiment.

Positives

• An executive increasing their stake in the company, even through an employee plan, can signal confidence in the company's future prospects.
• Participation in an Employee Stock Purchase Plan demonstrates alignment of employee interests with shareholder interests.

Negatives

• No negative information is presented in this Form 4 filing.

Risks

• This Form 4 filing does not contain information regarding company-specific risks.

Future Outlook

This Form 4 filing does not provide any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports a routine insider transaction, specifically an executive's purchase of company stock through an employee plan. Such transactions are common across industries and typically reflect individual employee investment decisions rather than broader industry trends or competitive positioning.

Related Party Transactions

• The transaction involved the purchase of shares through the Issuer's Employee Stock Purchase Plan, which is a standard employee benefit program and not typically classified as an unusual related party transaction.

Stakeholder Impact

• Shareholders: A minor positive signal of management's alignment with shareholder interests due to increased personal investment.
• Employees: Demonstrates the availability and utilization of employee stock purchase programs.

Key Dates

Keywords

ASB, Associated Banc-Corp, John A. Utz, Insider Trading, Form 4, Stock Purchase, ESPP, Executive Vice President, Common Stock