Form 4: Associated Banc-Corp Director John B. Williams Reports Stock Sale to Cover Tax Obligations
SEC Form 4 Filing
Director John B. Williams of Associated Banc-Corp reports selling 2,830 shares of common stock to cover state and federal income tax liabilities arising from the vesting of restricted stock units.
Summary
- On February 14, 2025, John B. Williams, a director of Associated Banc-Corp, sold 2,830 shares of common stock at a price of $25.0934 per share.
- The sale was executed to satisfy state and federal income tax liabilities due to the vesting of restricted stock units.
- Following the transaction, Williams directly owns 66,915 shares of Associated Banc-Corp common stock.
- Williams also indirectly owns 8,000 shares through an IRA where he has sole voting rights.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reports a routine transaction (stock sale for tax purposes) by a company director. It doesn't indicate any positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director selling shares to cover tax obligations, a common practice after the vesting of restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock sale transaction |
| 02/18/2025 | Date of signature on the report |
Keywords
Form 4, Associated Banc-Corp, Director, Stock Sale, John B. Williams, ASB, Tax Liabilities, Restricted Stock Units
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