Form 4: Associated Banc-Corp Chief Information Officer Acquires Shares Through Employee Stock Purchase Plan
SEC Form 4 Filing
Terry Lynn Williams, Chief Information Officer of Associated Banc-Corp, acquired shares 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 January 15, 2025, where Williams acquired 83.5755 shares of common stock at a price of $25.227 per share.
- These shares were purchased through the company's Employee Stock Purchase Plan.
- Following this transaction, Williams directly owns 8,880.4379 shares of Associated Banc-Corp common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction, indicating a positive but not overly significant sentiment. The purchase of shares by an officer is generally seen as a positive sign.
Positives
- The purchase of shares by a company officer demonstrates confidence in the company's future.
- The use of the Employee Stock Purchase Plan indicates a benefit for employees.
Industry Context
This is a routine filing related to insider trading and is common for publicly traded companies. It reflects the participation of a company officer in the company's employee stock purchase plan.
Comparison to Industry Standards
- Employee stock purchase plans are a common benefit offered by many publicly traded companies, including those in the financial sector.
- The transaction is consistent with standard practices for insider trading reporting.
- Similar filings are regularly made by officers and directors of other financial institutions.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it indicates confidence from a company officer.
- The use of the Employee Stock Purchase Plan benefits employees.
Key Dates
| Date | Description |
|---|---|
| 01/15/2025 | Date of the stock acquisition by Terry Lynn Williams. |
| 01/17/2025 | Date the Form 4 was signed by Lynn M. Floeter, attorney-in-fact for Terry Lynn Williams. |
Keywords
Employee Stock Purchase Plan, insider trading, stock acquisition, common stock, Associated Banc-Corp, ASB, Terry Lynn Williams, Chief Information Officer
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.