Form 4: Associated Banc-Corp Director Acquires Shares Through Restricted Stock Units
SEC Form 4 Filing
Director Robert A. Jeffe acquired 4,972 shares of Associated Banc-Corp common stock through restricted stock units on February 1, 2025.
Summary
- On February 1, 2025, Robert A. Jeffe, a director of Associated Banc-Corp, acquired 4,972 shares of common stock.
- The acquisition was made through restricted stock units at a price of $25.14 per share.
- Following the transaction, Jeffe directly owns 52,787 shares of Associated Banc-Corp.
- The restricted stock units will fully vest on the first anniversary of the grant date, February 1, 2025, and are payable in shares of common stock unless deferred.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction. Insider buying is generally viewed positively, but this is part of a compensation plan.
Positives
- The acquisition of shares by a director signals confidence in the company's future performance.
Future Outlook
The restricted stock units will become fully vested on February 1, 2025, potentially increasing Jeffe's holdings further.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding insider transactions, allowing investors to track the buying and selling activity of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of transaction: Acquisition of 4,972 shares through restricted stock units; Grant date of restricted stock units. |
| 02/01/2025 | Vesting date of restricted stock units. |
| 02/03/2025 | Date of signature on the Form 4 filing. |
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