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

Associated Banc-Corp Director Robert A. Jeffe acquired 926.667 phantom stock units as part of his deferred compensation plan, increasing his beneficial ownership.

Summary

• Robert A. Jeffe, a Director of Associated Banc-Corp (ASB), acquired 926.667 phantom stock units.
• The transaction occurred on July 17, 2025.
• Each phantom stock unit was valued at $25.62.
• These units are 100% vested at the time of acquisition.
• Following this transaction, Robert A. Jeffe beneficially owns a total of 87,782.228 phantom stock units.
• The phantom stock units are held in the Director's Deferred Compensation Plan and will be distributed according to his pre-selected elections.

Sentiment

Score: 7

Explanation: The acquisition of phantom stock units by a director, which are 100% vested, indicates continued alignment of management interests with shareholder value and is a positive sign of confidence in the company.

Positives

• The acquisition of phantom stock units by a director demonstrates continued alignment of management interests with shareholder value.
• The units are 100% vested upon acquisition, providing immediate beneficial ownership to the director.

Future Outlook

No specific future outlook or guidance is provided in this transaction report, as it is a disclosure of an insider's security holdings and transactions.

Management Comments

• No direct management comments or quotes are provided in this Form 4 filing, which is a regulatory disclosure of an insider transaction.

Industry Context

This Form 4 filing details an individual insider transaction for Associated Banc-Corp and does not provide broader industry context or trends for the banking sector.

Related Party Transactions

• Acquisition of 926.667 phantom stock units by Director Robert A. Jeffe from Associated Banc-Corp as part of his deferred compensation plan.

Stakeholder Impact

• Shareholders: Increased alignment of the director's interests with shareholders due to increased beneficial ownership of company equity equivalents.

Next Steps

• No specific future actions, events, or milestones are mentioned in this transaction report.

Key Dates

Recommendation

Keywords

Associated Banc-Corp, ASB, Form 4, insider transaction, director compensation, phantom stock, beneficial ownership, deferred compensation