DEFA14A: Associated Banc-Corp Corrects Director Share Ownership Information in Proxy Statement Supplement

Sentiment:

Proxy Statement Supplement


Associated Banc-Corp files a supplement to its proxy statement to correct director share ownership information for Michael J. Haddad and John (Jay) B. Williams.

Summary

  • Associated Banc-Corp has filed a supplement to its proxy statement dated March 18, 2024.
  • The supplement corrects the number of shares of Company common stock beneficially owned by Michael J. Haddad to reflect shares held in a trust.
  • It also corrects the number of shares beneficially owned by John (Jay) B. Williams to reflect shares held in an IRA.
  • The total number of shares held by all directors and executive officers as a group and the percent of class have been updated to reflect the corrected share numbers.
  • Michael J. Haddad's beneficial ownership is corrected to 9,498 shares.
  • John (Jay) B. Williams' beneficial ownership is corrected to 24,958 shares.
  • All Directors and Executive Officers as a group (24 persons) beneficially own 2,197,118 shares, with 1,071,098 shares issuable within 60 days, representing 1.46% of the class.
  • The corrected information pertains to shares with voting and investment power, including those held by spouses, trusts, or minor children.
  • The supplement does not revise or update any other information in the original proxy statement.
  • The date of the Proxy Statement Supplement is April 24, 2024.
  • The Annual Meeting of Shareholders is to be held on April 30, 2024.

Sentiment

Score: 7

Explanation: The document is a routine correction of information, indicating a neutral sentiment. It addresses a minor inaccuracy and aims to provide accurate information to shareholders.

Industry Context

This announcement is a routine correction to a proxy statement, which is a common occurrence in corporate governance. It ensures transparency and accuracy in shareholder information.

Stakeholder Impact

  • The correction ensures shareholders have accurate information regarding director share ownership, which is important for informed voting decisions.

Key Dates

DateDescription
March 18, 2024Original Proxy Statement date
February 15, 2024Date used for determining shares issuable within 60 days
April 24, 2024Date of Proxy Statement Supplement
April 30, 2024Annual Meeting of Shareholders date

Keywords

proxy statement, beneficial ownership, share ownership, directors, executive officers, Associated Banc-Corp, shares, supplement

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