Form 4: Associated Banc-Corp Director Nettles Acquires Additional Shares and Dividend Equivalents

Director Cory L. Nettles reports acquisition of Associated Banc-Corp shares and dividend equivalents, increasing his beneficial ownership.

Summary

• On September 16, 2024, Cory L. Nettles, a director of Associated Banc-Corp, acquired 63 shares of common stock at $21.36 per share.
• Nettles also acquired 403 shares of common stock at $21.36 per share related to fully vested dividend equivalents.
• Following these transactions, Nettles directly owns 46,136 shares of Associated Banc-Corp common stock.
• Nettles also holds 38,056.834 phantom stock units.
• 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.
• Phantom stock units will remain in the Director's Deferred Compensation Plan until distributed according to the Insider's distribution elections.

Sentiment

Score: 5

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

Positives

• Director's increased stake may signal confidence in the company's future performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, allowing the public to monitor the actions of company insiders.

Stakeholder Impact

• The increased ownership by a director could be viewed positively by shareholders.

Key Dates