Form 4: Associated Banc-Corp Director Judith P. Greffin Acquires Shares Through Dividend Equivalents

Sentiment:

SEC Form 4 Filing


Director Judith P. Greffin of Associated Banc-Corp acquired additional shares through dividend equivalent units and fully vested dividend equivalents.

Summary

  • Judith P. Greffin, a director at Associated Banc-Corp, acquired 55 shares of common stock through dividend equivalent units on December 16, 2024, at a price of $25.72 per share.
  • She also acquired 108 shares of common stock on the same date through fully vested dividend equivalents at the same price of $25.72 per share.
  • These transactions increased her total direct holdings to 18,621 shares.
  • The dividend equivalent units vest on the first anniversary of the grant of the restricted stock units to which they relate and are payable in shares of common stock.
  • The fully vested dividend equivalents were received on restricted stock units and are payable in shares of common stock after the director ceases serving as a director.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction by a company director. It is a positive sign that the director is increasing their stake in the company, but it is not a major event.

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 in the form of company stock.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade in their company's stock. It is a routine disclosure and does not indicate any unusual activity.

Comparison to Industry Standards

  • SEC 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 price of $25.72 per share is the market price at the time of the transaction.

Stakeholder Impact

  • The share acquisition by a director may have a slightly positive impact on shareholder confidence.

Key Dates

DateDescription
12/16/2024Date of the share acquisitions through dividend equivalent units and fully vested dividend equivalents.
12/17/2024Date the SEC Form 4 was signed by Lynn M. Floeter, attorney-in-fact for Judith P. Greffin.

Keywords

Associated Banc-Corp, Judith P. Greffin, director, share acquisition, dividend equivalents, stock, insider trading, SEC Form 4

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