Form 4: Associated Banc-Corp Executive Acquires Restricted Stock Units

Gregory Warsek, an EVP at Associated Banc-Corp, acquired 3,457 shares of time-based restricted stock units (TRSUs) on January 29, 2025, which will vest in four equal annual installments starting February 8, 2026.

Summary

• Gregory Warsek, an Executive Vice President at Associated Banc-Corp, has reported a transaction involving the acquisition of 3,457 shares of time-based restricted stock units (TRSUs).
• These TRSUs were granted on January 29, 2025, and will vest in four equal annual installments beginning on February 8, 2026.
• Following this transaction, Mr. Warsek directly owns 13,279 shares of common stock and indirectly owns 27,128.69 shares through a 401(k) plan.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation transaction, which is generally positive for aligning management and shareholder interests. There are no negative implications.

Positives

• The grant of restricted stock units to an executive aligns their interests with the long-term performance of the company.
• The vesting schedule encourages the executive's continued service and contribution to the company.

Future Outlook

The restricted stock units will vest over the next four years, aligning the executive's interests with the company's long-term performance.

Industry Context

This type of stock grant is a common practice in corporate compensation to incentivize executives and align their interests with shareholders.

Comparison to Industry Standards

• Granting restricted stock units is a standard practice for executive compensation across the financial services industry.
• Many companies, such as JPMorgan Chase, Bank of America, and Wells Fargo, use similar vesting schedules for their executive stock grants.
• The four-year vesting period is also a common practice to ensure long-term commitment from executives.

Stakeholder Impact

• The grant of restricted stock units aligns the executive's interests with those of shareholders, potentially leading to better long-term performance.
• The vesting schedule encourages the executive's continued service, which benefits the company and its stakeholders.

Key Dates

Keywords

restricted stock units, TRSUs, executive compensation, insider trading, beneficial ownership, stock ownership, Associated Banc-Corp