Form 4: Associated Banc-Corp Director Acquires Shares in Recent Transaction
SEC Form 4 Filing
Director Owen J. Sullivan acquired 51 shares of Associated Banc-Corp common stock at $22.22 per share on March 17, 2025.
Summary
- On March 17, 2025, Owen J. Sullivan, a director of Associated Banc-Corp, acquired 51 shares of common stock at a price of $22.22 per share.
- Following this transaction, Sullivan directly owns 5,278 shares of Associated Banc-Corp.
- 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: 6
Explanation: The sentiment is neutral. It's a routine transaction disclosure. A director buying shares is generally a positive sign, but the quantity is small.
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
Form 4 filings are routine 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 may have a minor positive impact on shareholder sentiment due to the director's stock purchase.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of stock acquisition by Owen J. Sullivan |
| 03/19/2025 | Date of signature on the Form 4 filing |
Keywords
Associated Banc-Corp, ASB, Owen J. Sullivan, Director, Stock Acquisition, Form 4, Dividend Equivalent Units
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