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

Paul Gregory Schmidt, an Executive Vice President at Associated Banc-Corp, acquired 317 shares of common stock through fully vested dividend equivalents.

Summary

• On September 16, 2024, Paul Gregory Schmidt, an Executive Vice President at Associated Banc-Corp, acquired 317 shares of common stock at a price of $21.36 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, Schmidt's total beneficial ownership of Associated Banc-Corp common stock is 49,895 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation. The acquisition of shares by an executive is generally viewed as a positive sign, but it's not a major 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 standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the executive's increased stake in the company.

Key Dates