Form 4: Associated Banc-Corp EVP Derek S. Meyer Reports Acquisition of Common Stock
SEC Form 4
Derek S. Meyer, EVP and Chief Financial Officer of Associated Banc-Corp, reports the acquisition of 8 shares of common stock at $20.25 per share on June 17, 2024.
Summary
- On June 17, 2024, Derek S. Meyer, the EVP and Chief Financial Officer of Associated Banc-Corp, acquired 8 shares of common stock at a price of $20.25 per share.
- Following this transaction, Meyer directly owns 44,523.379 shares of Associated Banc-Corp common stock.
- The acquisition was related to fully vested dividend equivalents awarded pursuant to performance-based RSUs, payable solely in shares of common stock and subject to deferral until separation, as elected by the Insider.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's 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 tempers the impact.
Positives
- The acquisition of shares by a high-ranking executive could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a high-ranking executive.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of transaction: Derek S. Meyer acquired 8 shares of common stock. |
| 06/20/2024 | Date of report signature. |
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