Form 4: Associated Banc-Corp EVP Gregory Warsek Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Executive Vice President Gregory Warsek of Associated Banc-Corp reports acquisition and disposal of company stock and derivative securities.

Summary

  • Gregory Warsek, an Executive Vice President at Associated Banc-Corp, filed a Form 4 detailing changes in beneficial ownership.
  • On November 6, 2024, Warsek acquired 26,837 shares of Common Stock through a 401(k) plan at a price of $28.14 per share.
  • On November 7, 2024, Warsek exercised incentive stock options to acquire 20,372 shares at $18.59 and 19,308 shares at $17.50.
  • Also on November 7, 2024, Warsek sold 39,680 shares at a weighted average price of $27.465.
  • Following these transactions, Warsek directly owns 9,822 shares and indirectly owns 26,837 shares through a 401(k) plan.
  • Warsek also reports ownership of incentive stock options.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

  • Shareholders may interpret the transactions as a signal of the executive's confidence (or lack thereof) in the company's future performance.

Key Dates

DateDescription
11/06/2024Acquisition of 26,837 shares of Common Stock through 401(K) Plan
11/07/2024Exercise of stock options for 20,372 shares at $18.59 and 19,308 shares at $17.50; Sale of 39,680 shares at $27.465
11/08/2024Date of Form 4 signature

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