Form 4: Associated Banc-Corp Director Haddad Reports Stock Transactions
SEC Form 4 Filing
Director Michael J. Haddad reports acquisition and disposal of Associated Banc-Corp stock, including restricted stock units vesting in the future.
Summary
- On February 1, 2025, Director Michael J. Haddad reported transactions involving Associated Banc-Corp (ASB) common stock.
- Haddad acquired 4,972 shares of common stock at a price of $25.14 per share.
- Haddad also disposed of 15,122.506 shares of common stock.
- Following these transactions, Haddad directly owns 4,972 shares and indirectly owns 5,750 shares through a trust with voting rights.
- The reported transactions include restricted stock units that 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: 5
Explanation: The sentiment is neutral as it is a standard regulatory filing reporting stock transactions. There is no inherent positive or negative implication.
Future Outlook
Restricted stock units will become fully vested on the first anniversary of the February 1, 2025 grant.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It allows investors to monitor the actions of those with privileged information.
Stakeholder Impact
- Shareholders can monitor insider transactions for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of earliest transaction: acquisition and disposal of common stock and grant date for restricted stock units. |
| 02/03/2025 | Date of signature for the report. |
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