Form 4: Associated Banc-Corp Director Acquires Phantom Stock Units

Robert A. Jeffe, a director of Associated Banc-Corp, acquired phantom stock units under the Director's Deferred Compensation Plan.

Summary

• On October 17, 2024, Robert A. Jeffe, a director of Associated Banc-Corp, acquired 1,028.909 phantom stock units.
• The acquisition was made under the Director's Deferred Compensation Plan.
• The price of the derivative security was $0.
• Following the transaction, Jeffe beneficially owns 76,049.6 shares of Associated Banc-Corp common stock.
• The phantom stock units are 100% vested at the time of acquisition and will remain in the Director's Deferred Compensation Plan until distribution.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction related to director compensation. The acquisition of stock units can be seen as a positive sign of confidence, but it's a routine event.

Positives

• The acquisition of phantom stock units by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This filing indicates a director's participation in a deferred compensation plan, which is a common practice among publicly traded companies.

Stakeholder Impact

• The acquisition of phantom stock units by a director may have a slightly positive impact on shareholder sentiment, as it can be interpreted as a sign of confidence in the company's future.

Key Dates