Form 4: Associated Banc-Corp Director Acquires Shares

Cory L. Nettles, a Director at Associated Banc-Corp, acquired shares through dividend equivalents and phantom stock units.

Summary

• Cory L. Nettles, a Director of Associated Banc-Corp (ASB), reported transactions on June 15, 2026.
• Nettles acquired 38 shares of common stock at a price of $29.22 per share, bringing his total direct beneficial ownership to 46,915 shares.
• Additionally, Nettles acquired 344 shares of common stock at $29.22 per share, increasing his total direct beneficial ownership to 47,259 shares.
• These acquisitions were related to dividend equivalent units and phantom stock units.
• The dividend equivalent units vest on the first anniversary of the grant of the restricted stock units to which they relate and are payable in 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 distributed.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine transactions related to director compensation rather than significant new investments or divestitures.

Positives

• Director Cory L. Nettles has increased his beneficial ownership of Associated Banc-Corp common stock.
• The acquired shares are fully vested, indicating immediate ownership.
• Dividend equivalent units are being received, which is a positive return on existing equity holdings.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding future financial performance. It solely reports on past transactions.

Industry Context

StockSavvy.ai notes that insider transactions, such as this acquisition of shares by a director, can sometimes signal confidence in the company's future prospects, although the nature of these specific transactions (dividend equivalents and vested phantom stock) suggests they are part of standard compensation and equity incentive plans rather than a discretionary purchase.

Stakeholder Impact

• Shareholders may view the director's increased beneficial ownership positively, potentially indicating confidence in the company.
• Employees may see this as a standard component of executive and director compensation, reinforcing the company's incentive structures.

Key Dates

Keywords

Associated Banc-Corp, ASB, Form 4, Insider Trading, Director, Common Stock, Dividend Equivalents, Phantom Stock Units, Beneficial Ownership