Form 4: Associated Banc-Corp EVP Acquires Additional Shares Through Dividend Equivalents
SEC Form 4
Derek S. Meyer, EVP and Chief Financial Officer of Associated Banc-Corp, acquired 8 shares of common stock through fully vested dividend equivalents.
Summary
- On March 15, 2024, Derek S. Meyer, the EVP and Chief Financial Officer of Associated Banc-Corp, acquired 8 shares of common stock.
- The acquisition was a result of fully vested dividend equivalents awarded pursuant to performance-based Restricted Stock Units (RSUs).
- The price per share was $20.25.
- Following the transaction, Meyer directly owns 44,515.379 shares of Associated Banc-Corp common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction related to executive compensation. The acquisition of shares by an executive is generally viewed as a positive sign, but the small number of shares acquired doesn't suggest a major shift in sentiment.
Positives
- The acquisition of shares by a high-ranking executive could be interpreted as a positive signal regarding their confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of the financial industry, providing transparency into the transactions of company insiders. This filing indicates that an executive received shares as part of a compensation package.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend equivalents.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Derek S. Meyer acquired 8 shares of common stock. |
| 03/18/2024 | Date of signature on the Form 4 filing. |
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