Form 4: Associated Banc-Corp Chief Information Officer Acquires Shares Through Employee Stock Purchase Plan

Terry Lynn Williams, Chief Information Officer of Associated Banc-Corp, acquired 80.3154 shares of common stock through the company's Employee Stock Purchase Plan.

Summary

• Terry Lynn Williams, the Chief Information Officer of Associated Banc-Corp, has reported a transaction involving the acquisition of company stock.
• The transaction occurred on November 15, 2024, where Williams acquired 80.3154 shares of common stock.
• The shares were purchased at a price of $26.251 per share.
• This purchase was made through the company's Employee Stock Purchase Plan.
• Following this transaction, Williams directly owns 8,713.9931 shares of Associated Banc-Corp common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a routine transaction under an employee stock purchase plan, indicating confidence from the officer in the company.

Positives

• The purchase of shares by a company officer can be seen as a positive sign of confidence in the company's future.
• The use of the Employee Stock Purchase Plan indicates a commitment to employee ownership.

Industry Context

This is a routine filing related to insider trading and employee stock purchase plans, which are common in the financial industry.

Comparison to Industry Standards

• Employee stock purchase plans are a common practice among publicly traded companies, including financial institutions like Associated Banc-Corp.
• The reporting of insider transactions is a standard regulatory requirement, ensuring transparency in the market.
• Similar filings are regularly made by officers and directors of comparable companies such as US Bancorp (USB) and Huntington Bancshares (HBAN).

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates confidence from a company officer.
• The employee stock purchase plan benefits employees by allowing them to acquire company stock.

Key Dates

Keywords

insider trading, stock purchase, employee stock purchase plan, common stock, share acquisition, Associated Banc-Corp, ASB, Terry Lynn Williams