Form 4: Associated Banc-Corp CEO Andrew Harmening Reports Stock Transactions

Andrew Harmening, President & CEO of Associated Banc-Corp, reports acquisition and disposal of company stock related to vesting of performance shares and tax obligations.

Summary

• On March 13, 2024, Andrew J. Harmening, the President & CEO of Associated Banc-Corp, reported transactions involving the company's common stock.
• He acquired 44,389 shares at a price of $20.70 related to vested performance shares granted in 2021.
• He disposed of 20,863 shares at $20.70 to cover tax withholding obligations arising from the vesting of these performance shares.
• Following these transactions, Harmening directly owns 292,490 shares of Associated Banc-Corp.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The vesting of performance shares suggests that performance targets were met, which is a positive indicator.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly diluting the stock.

Key Dates