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

Paul Gregory Schmidt, an Executive Vice President at Associated Banc-Corp, acquired 331 shares of common stock through fully vested dividend equivalents.

Summary

• On June 17, 2024, Paul Gregory Schmidt, an Executive Vice President at Associated Banc-Corp, acquired 331 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, Schmidt's total holdings increased to 73,251 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects 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 a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's increased stake in the company, which is a common occurrence.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from an executive.

Key Dates