Form 4: Associated Banc-Corp CEO Increases Stake Through Routine Dividend Reinvestment

Associated Banc-Corp's President and CEO, Andrew J. Harmening, acquired additional shares of common stock through a dividend reinvestment plan, increasing his beneficial ownership.

Summary

• Andrew J. Harmening, President and CEO of Associated Banc-Corp (ASB), acquired 2,423.796 shares of common stock.
• The acquisition occurred on June 16, 2025, at a price of $22.9747 per share.
• These shares were acquired through a dividend reinvestment plan (DRIP), which is exempt from Section 16 reporting under Rule 16a-11.
• Following this transaction, Mr. Harmening beneficially owns a total of 321,692.796 shares of Associated Banc-Corp common stock.

Sentiment

Score: 6

Explanation: Slightly positive due to an insider increasing their stake, even if through a routine dividend reinvestment plan, which can signal confidence.

Positives

• The acquisition of additional shares by the President and CEO, Andrew J. Harmening, through a dividend reinvestment plan, indicates continued confidence in the company's performance and future prospects.
• The increase in insider ownership aligns the interests of management more closely with those of shareholders.

Future Outlook

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

Industry Context

This filing is a routine insider transaction report (Form 4) and does not provide broader industry context or trends. It reflects an individual executive's investment activity within the banking sector.

Stakeholder Impact

• Shareholders may view the CEO's increased stake as a positive signal of management's alignment with shareholder interests and confidence in the company's future.

Key Dates

Keywords

Associated Banc-Corp, ASB, Andrew J. Harmening, SEC Form 4, Insider Trading, Dividend Reinvestment Plan, DRIP, Common Stock, Beneficial Ownership, Financial Services, Banking