Form 4: Associated Banc-Corp Director Acquires Additional Shares
SEC Form 4 Filing
Director Rodney Jones-Tyson acquired 42 shares of Associated Banc-Corp common stock at a price of $20.25 per share on June 17, 2024.
Summary
- On June 17, 2024, Rodney Jones-Tyson, a director of Associated Banc-Corp, acquired 42 shares of the company's common stock.
- The shares were purchased at a price of $20.25 per share.
- Following the transaction, Jones-Tyson directly owns 3,997 shares of Associated Banc-Corp common stock.
- The transaction also involved dividend equivalent units that vest on the first anniversary of the grant of the restricted stock units and are payable in common stock upon vesting.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a director's stock purchase. While insider buying can be seen as a positive signal, it's a small transaction and doesn't necessarily indicate a major shift in sentiment.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of the transaction where Rodney Jones-Tyson acquired 42 shares of Associated Banc-Corp common stock. |
| 06/20/2024 | Date of signature on the Form 4 filing. |
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