Form 4: Associated Banc-Corp Director Acquires Shares Through Dividend Equivalents

Robert A. Jeffe, a director at Associated Banc-Corp, acquired additional shares through dividend equivalent units and fully vested dividend equivalents.

Summary

• Robert A. Jeffe, a director of Associated Banc-Corp, has reported acquiring 55 shares of common stock through dividend equivalent units.
• These dividend equivalent units vest on the first anniversary of the grant of the restricted stock units to which they relate.
• He also acquired 366 shares of common stock through fully vested dividend equivalents.
• These fully vested dividend equivalents were received on restricted stock units and are payable in shares of common stock after the director ceases serving on the board.
• Both transactions occurred on December 16, 2024, at a price of $25.72 per share.
• Following these transactions, Mr. Jeffe directly owns 47,815 shares of Associated Banc-Corp common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction by a company director, which is generally viewed neutrally to slightly positive as it indicates confidence in the company. There are no negative implications.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.
• The dividend equivalent units and fully vested dividend equivalents provide additional compensation to the director.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. It is a routine part of corporate governance and transparency.

Comparison to Industry Standards

• Form 4 filings are a standard practice for all publicly traded companies in the United States.
• The transactions are typical for directors receiving compensation in the form of stock and dividend equivalents.
• The reporting is consistent with SEC regulations for insider trading.

Stakeholder Impact

• The transactions have a minor positive impact on shareholders as they indicate director confidence.
• The transactions have no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Associated Banc-Corp, Director, Robert A. Jeffe, Dividend Equivalents, Share Acquisition, Form 4, Insider Trading