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

Sentiment:

SEC Form 4 Filing


Paul Gregory Schmidt, Executive Vice President of Associated Banc-Corp, acquired 328 shares of common stock through fully vested dividend equivalents on March 15, 2024.

Summary

  • On March 15, 2024, Paul Gregory Schmidt, an Executive Vice President at Associated Banc-Corp, acquired 328 shares of common stock.
  • The acquisition was a result of fully vested dividend equivalents awarded pursuant to performance-based Restricted Stock Units (RSUs).
  • The price per share was $20.25.
  • Following the transaction, Schmidt directly owns 72,920 shares of Associated Banc-Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. It reflects routine insider activity (acquiring shares through dividend equivalents) which suggests confidence, but isn't a major market-moving event.

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 ensure transparency in insider trading activities. They provide insights into the actions of company executives and their confidence in the company's stock.

Stakeholder Impact

  • The acquisition of shares by an executive could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
03/15/2024Date of transaction: Acquisition of 328 shares of common stock through dividend equivalents.
03/18/2024Date of signature on the Form 4 filing.

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