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

Director Robert A. Jeffe acquired phantom stock units in Associated Banc-Corp through the Director's Deferred Compensation Plan.

Summary

• On April 18, 2024, Robert A. Jeffe, a director of Associated Banc-Corp, acquired 1,125.597 phantom stock units under the Director's Deferred Compensation Plan.
• The price of the phantom stock units was $19.989.
• Following the transaction, Jeffe directly owns 72,480.309 shares of Associated Banc-Corp common stock.
• The acquired stock units are 100% vested and will remain in the Director's Deferred Compensation Plan until distribution according to the insider's elections.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of insider activity. The acquisition of stock units by a director can be interpreted as a slightly positive signal, but it's not a major 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 disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers, which can be informative for investors.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's investment in the company.

Key Dates