Form 4: Associated Banc-Corp Director R. Jay Gerken Reports Acquisition of Common Stock

R. Jay Gerken, a director of Associated Banc-Corp, reported acquiring common stock through dividend equivalent units.

Summary

• On June 17, 2024, R. Jay Gerken, a director of Associated Banc-Corp, acquired 65 shares of common stock at $20.25 per share through dividend equivalent units.
• Additionally, Gerken acquired 355 shares of common stock at $20.25 per share, representing fully vested dividend equivalents received on restricted stock units.
• Following these transactions, Gerken directly owns 44,402 shares of Associated Banc-Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisitions through dividend equivalents, indicating alignment of the director's interests with shareholders but not necessarily a strong bullish signal.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are routine 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 actions of key individuals within a company.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates