Form 4: Associated Banc-Corp Director Robert Jeffe Reports Stock Acquisitions
SEC Form 4
Director Robert Jeffe reports acquiring additional shares of Associated Banc-Corp common stock through dividend equivalent units.
Summary
- On March 15, 2024, Robert A. Jeffe, a director of Associated Banc-Corp, acquired 65 shares of common stock at $20.25 per share through dividend equivalent units.
- Additionally, Jeffe acquired 431 shares of common stock at $20.25 per share, representing fully vested dividend equivalents received on restricted stock units.
- Following these transactions, Jeffe directly owns 46,414 shares of Associated Banc-Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects routine stock acquisitions by a director. It doesn't indicate any significant positive or negative outlook for the company.
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 a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The stock acquisitions by a director may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock acquisition and dividend equivalent receipt |
| 03/19/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.