Form 4: Associated Banc-Corp EVP Derek S. Meyer Reports Stock Transaction
SEC Form 4 Filing
EVP and Chief Financial Officer of Associated Banc-Corp, Derek S. Meyer, reports disposition of shares to cover tax obligations from vesting restricted stock.
Summary
- On August 1, 2024, Derek S. Meyer, EVP and Chief Financial Officer of Associated Banc-Corp, reported a transaction involving common stock.
- Meyer disposed of 5,883 shares of common stock at a price of $22.07 per share to satisfy tax withholding obligations related to the vesting of restricted stock.
- Following the transaction, Meyer directly owns 38,640.379 shares of Associated Banc-Corp common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes and doesn't inherently indicate positive or negative news about the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and regulated to ensure transparency in the market. It doesn't necessarily indicate a change in the company's prospects but provides information about the actions of its executives.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock transaction (disposal of shares). |
| 08/02/2024 | Date of signature on the Form 4 filing. |
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