Form 4: Associated Banc-Corp Director Acquires Shares

Sentiment:

SEC Form 4 Filing


Director Rodney Jones-Tyson acquired 41 shares of Associated Banc-Corp common stock at $21.36 per share on September 16, 2024.

Summary

  • On September 16, 2024, Rodney Jones-Tyson, a director of Associated Banc-Corp, acquired 41 shares of the company's common stock.
  • The shares were purchased at a price of $21.36 each.
  • Following the transaction, Jones-Tyson directly owns 4,038 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: 5

Explanation: The document is a neutral regulatory filing. The director's purchase is a mildly positive signal, but not significant enough to warrant a higher sentiment score.

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

This is a routine disclosure of insider trading activity. It is common for directors and officers of publicly traded companies to buy and sell shares of their company's stock. These transactions are regulated and must be reported to the SEC.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
09/16/2024Date of transaction: Rodney Jones-Tyson acquired 41 shares of Associated Banc-Corp common stock.
09/17/2024Date of report: Form 4 filing date.

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