Form 4: Associated Banc-Corp Director Acquires Shares Under Restricted Stock Unit Grant

Sentiment:

SEC Form 4 Filing


Director Cory L. Nettles acquired 4,972 shares of Associated Banc-Corp common stock at $25.14 per share on February 1, 2025, under a restricted stock unit grant.

Summary

  • On February 1, 2025, Cory L. Nettles, a director of Associated Banc-Corp, acquired 4,972 shares of common stock.
  • The acquisition was part of a restricted stock unit grant.
  • The price per share was $25.14.
  • Following the transaction, Nettles directly owns 51,518 shares of Associated Banc-Corp.
  • The restricted stock units will fully vest on the first anniversary of the grant date, February 1, 2025.
  • The shares are payable in common stock unless the insider elected to defer shares until separation.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to executive compensation. The director's increased stake could be seen as mildly positive, but it's not a major event.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding insider ownership.

Key Dates

DateDescription
02/01/2025Date of the transaction: acquisition of shares and grant date of restricted stock units.
02/01/2026Vesting date of the restricted stock units.
02/03/2025Date of signature for the Form 4 filing.

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