Form 4: Associated Banc-Corp Director Judith P. Greffin Reports Stock Acquisitions

Director Judith P. Greffin reports acquisition of Associated Banc-Corp common stock and dividend equivalent units.

Summary

• Judith P. Greffin, a director of Associated Banc-Corp, reported acquiring 63 shares of common stock at $21.36 per share on September 16, 2024.
• She also acquired 123 shares of common stock at $21.36 per share on the same date.
• Following these transactions, Greffin directly owns 18,458 shares of Associated Banc-Corp common stock.
• Greffin also holds 33,409.282 phantom stock units, which are 100% vested.
• Dividend equivalent units, payable in common stock upon vesting, were also acquired.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's stock acquisition could be seen as a positive sign, but it's a routine transaction.

Positives

• The director's acquisition of shares could be interpreted as a positive signal about the company's prospects.
• The vested phantom stock units indicate a long-term commitment to the company.

Industry Context

Form 4 filings are standard 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 performance.

Comparison to Industry Standards

• Comparing Judith P. Greffin's transactions to other directors in similar regional banks like Fifth Third Bancorp or KeyCorp would provide a benchmark for assessing the significance of these acquisitions.
• Analyzing the percentage of shares owned by insiders relative to the total outstanding shares of Associated Banc-Corp, compared to its peers, can offer insights into the level of insider ownership and alignment with shareholder interests.

Stakeholder Impact

• The stock acquisitions by a director may have a minor positive impact on shareholder confidence.

Key Dates