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

Sentiment:

SEC Form 4 Filing


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

Summary

  • Robert A. Jeffe, a director of Associated Banc-Corp, acquired phantom stock units on April 21, 2025.
  • The transaction involved the acquisition of 1,197.463 phantom stock units at a price of $19.83 per unit.
  • Following the transaction, Jeffe directly owns 86,002.465 shares of Common Stock $0.01 Par Value.
  • The phantom stock units are held in the Director's Deferred Compensation Plan and are 100% vested at the time of acquisition.
  • The units will remain in the plan until distribution elections are made.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction by a company director. The acquisition of phantom stock units is generally a positive sign, indicating alignment with company performance, but it's not a major event.

Positives

  • The acquisition of phantom stock units indicates continued alignment of the director's interests with the company's performance.
  • The stock units are 100% vested at the time of acquisition.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's continued investment in the company.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates

DateDescription
04/21/2025Date of phantom stock unit acquisition
04/22/2025Date of signature on the Form 4 filing

Keywords

Form 4, Associated Banc-Corp, Director, Phantom Stock Units, Robert A. Jeffe, Deferred Compensation Plan, ASB, Acquisition

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