Form 4: Associated Banc-Corp EVP Steven S. Zandpour Reports Stock Transaction
SEC Form 4 Filing
Steven S. Zandpour, an EVP at Associated Banc-Corp, reported a transaction involving the surrender of shares to cover tax obligations related to vesting restricted stock.
Summary
- On February 10, 2025, Steven S. Zandpour, an Executive Vice President at Associated Banc-Corp, reported a transaction on SEC Form 4.
- Zandpour surrendered 768 shares of common stock to satisfy tax withholding obligations arising from the vesting of time-based restricted stock.
- The price per share for the transaction was $25.18.
- Following the transaction, Zandpour beneficially owns 13,483.9471 shares of Associated Banc-Corp common stock directly.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction related to tax obligations on vested equity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations on vested stock.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of the stock transaction (surrender of shares). |
| 02/11/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SEC, Associated Banc-Corp, ASB, Steven S. Zandpour, Stock Transaction, Tax Withholding, Restricted Stock, Beneficial Ownership
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