Form 4: Associated Banc-Corp Executive Acquires Additional Shares Through Dividend Equivalents

Executive Vice President David L. Stein acquired 233 shares of Associated Banc-Corp common stock through fully vested dividend equivalents.

Summary

• On June 17, 2024, David L. Stein, an Executive Vice President at Associated Banc-Corp, acquired 233 shares of common stock at a price of $20.25 per share.
• The acquisition was due to fully vested dividend equivalents awarded pursuant to performance-based Restricted Stock Units (RSUs).
• These dividend equivalents are payable solely in shares of common stock and are subject to deferral until separation, as elected by the insider.
• Following the transaction, Stein directly owns 80,798 shares of Associated Banc-Corp common stock.
• Stein also indirectly owns 10,456.58 shares through a 401(k) plan and 55,528 shares through a trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction of an executive acquiring shares through dividend equivalents, which doesn't necessarily indicate a strong positive or negative outlook.

Positives

• The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future actions of key personnel.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often viewed favorably.

Key Dates