Form 4: Associated Banc-Corp Director Karen van Lith Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Karen van Lith reports acquiring additional shares of Associated Banc-Corp common stock through dividend equivalent units.
Summary
- On March 17, 2025, Karen van Lith, a director of Associated Banc-Corp, acquired 51 shares of common stock at a price of $22.22 per share.
- These shares were acquired through dividend equivalent units that vest on the first anniversary of the grant of the restricted stock units to which they relate.
- Van Lith also acquired 427 shares of common stock at $22.22 per share, representing fully vested dividend equivalents received on restricted stock units.
- Following these transactions, Van Lith's direct ownership in Associated Banc-Corp common stock increased to 60,464 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects routine transactions related to director compensation. There is no indication of significant positive or negative sentiment.
Positives
- The director's increased stake in the company may signal confidence in Associated Banc-Corp's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's value and prospects.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they involve a director's personal investment decisions.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of the reported transactions: acquisition of common stock through dividend equivalent units. |
| 03/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Associated Banc-Corp, Director, Karen van Lith, Common Stock, Dividend Equivalent Units, Beneficial Ownership, Form 4, ASB
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