Form 4: Associated Banc-Corp EVP Acquires Additional Shares Through Dividend Equivalents

Derek S. Meyer, EVP and Chief Financial Officer of Associated Banc-Corp, acquired 8 shares of common stock through fully vested dividend equivalents on September 16, 2024.

Summary

• On September 16, 2024, Derek S. Meyer, the EVP and Chief Financial Officer of Associated Banc-Corp, acquired 8 shares of common stock at a price of $21.36 per share.
• The acquisition was made through fully vested dividend equivalents awarded pursuant to performance-based Restricted Stock Units (RSUs).
• These dividend equivalents are payable solely in shares of common stock and are subject to deferral until separation, as elected by the insider.
• Following the transaction, Meyer directly owns 38,648.379 shares of Associated Banc-Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to executive compensation. It's neither overwhelmingly positive nor negative.

Positives

• The acquisition of shares by a high-ranking executive could be interpreted positively, signaling confidence in the company's future performance.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's prospects, although a single transaction is not necessarily indicative of a broader trend.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, primarily providing transparency into executive compensation and ownership.

Key Dates