Form 4: Associated Banc-Corp Director Michael J. Haddad Reports Stock Transactions

Director Michael J. Haddad reports acquisition of Associated Banc-Corp stock through reinvested dividends and dividend equivalent units.

Summary

• On September 13, 2024, Michael J. Haddad, a director of Associated Banc-Corp, acquired 40.041 shares of common stock at $21.0414 per share through reinvested dividends.
• On September 16, 2024, Haddad acquired 63 dividend equivalent units at $21.36 per unit.
• Following these transactions, Haddad directly owns 10,060.686 shares of common stock and indirectly owns 5,750 shares through a trust.
• Haddad also holds 48,237.269 phantom stock units.
• 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 upon vesting.
• The phantom stock units are 100% vested and will remain in the Director's Deferred Compensation Plan until distribution.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares suggests confidence, but it's a routine transaction.

Positives

• The director's acquisition of shares through reinvested dividends and dividend equivalent units could be seen as a positive signal, indicating confidence in the company's future performance.

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.

Stakeholder Impact

• The transactions may have a minor positive impact on shareholder sentiment.

Key Dates