Form 4: Associated Banc-Corp Director Judith P. Greffin Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Judith P. Greffin, a director of Associated Banc-Corp, reported the acquisition of common stock and dividend equivalent units.

Summary

  • On June 17, 2024, Judith P. Greffin, a director of Associated Banc-Corp, acquired 65 shares of common stock at $20.25 per share.
  • Additionally, Ms. Greffin acquired 130 dividend equivalent units, also valued at $20.25 each.
  • Following these transactions, Ms. Greffin's direct ownership increased to 18,272 shares of common stock.
  • The dividend equivalent units vest on the first anniversary of the grant of the restricted stock units and are payable in common stock upon vesting.
  • Fully vested dividend equivalents received on restricted stock units are payable in shares of common stock following the date the Insider ceases serving as a director.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard regulatory filing of insider transactions.

Positives

  • Director's acquisition of shares may signal confidence in the company's future performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future actions of key individuals within a company.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding insider activity.

Key Dates

DateDescription
06/17/2024Date of transaction: Acquisition of common stock and dividend equivalent units.
06/20/2024Date of signature on the Form 4 filing.

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