Form 4: Associated Banc-Corp Director R. Jay Gerken Acquires Restricted Stock Units

Director R. Jay Gerken of Associated Banc-Corp acquired 4,972 restricted stock units on February 1, 2025, at a price of $25.14 per unit.

Summary

• R. Jay Gerken, a director at Associated Banc-Corp, acquired 4,972 restricted stock units on February 1, 2025.
• The acquisition price was $25.14 per unit.
• These restricted stock units will fully vest on February 1, 2026, one year after the grant date.
• The units are payable in shares of common stock unless the insider elected to defer shares until separation.

Sentiment

Score: 6

Explanation: The document is a routine disclosure of a stock grant to a director, which is neither particularly positive nor negative. It is a standard corporate practice.

Positives

• The acquisition of restricted stock units by a director may indicate confidence in the company's future performance.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who acquire or dispose of company securities. It is a routine disclosure and does not indicate any unusual activity.

Comparison to Industry Standards

• The granting of restricted stock units is a common practice for compensating directors and executives in publicly traded companies.
• The vesting period of one year is also a typical timeframe for such grants.
• The price of $25.14 per unit is reflective of the market price of the stock at the time of the grant.

Stakeholder Impact

• The acquisition of restricted stock units by a director may be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

restricted stock units, director, insider trading, equity, compensation, Associated Banc-Corp, ASB