Form 4: ASB Executive Sells Shares for Tax Obligations
Insider Transaction
Associated Banc-Corp Executive Vice President Randall J. Erickson sold 1,543 shares of common stock to cover tax liabilities from restricted stock vesting.
Summary
- Randall J. Erickson, Executive Vice President of ASSOCIATED BANC-CORP (ASB), disposed of 1,543 shares of common stock.
- The transaction occurred on February 8, 2026, at a price of $29.37 per share.
- The shares were surrendered to satisfy tax withholding obligations arising from the tranche vesting of time-based restricted stock.
- The restricted stock grants originated from awards made in 2022, 2023, 2024, and 2025.
- Following this transaction, Randall J. Erickson directly beneficially owns 158,296 shares of Associated Banc-Corp common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. The transaction is a routine, non-discretionary sale to cover tax liabilities from vested restricted stock, which is a common occurrence in executive compensation.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that insider sales to cover tax obligations upon the vesting of restricted stock are a routine and non-discretionary event in executive compensation across the financial services industry. Such transactions are common and typically do not reflect a change in management's outlook on the company's prospects.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not indicate a change in the executive's confidence or the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 02/08/2026 | Date of transaction where shares were disposed of. |
| 02/10/2026 | Date the Form 4 was signed and filed. |
Keywords
Associated Banc-Corp, ASB, Randall J. Erickson, Insider Trading, Form 4, Stock Sale, Tax Withholding, Restricted Stock, Executive Compensation
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