Form 4: Associated Banc-Corp Executive Acquires Shares Through Employee Stock Purchase Plan

Terry Lynn Williams, Chief Information Officer of Associated Banc-Corp, acquired 82.8693 shares of common stock through the company's Employee Stock Purchase Plan.

Summary

• Terry Lynn Williams, the Chief Information Officer of Associated Banc-Corp, has reported a transaction involving the acquisition of company stock.
• The transaction occurred on December 16, 2024, where Williams acquired 82.8693 shares of common stock.
• The shares were purchased at a price of $25.442 per share.
• This acquisition was made through the company's Employee Stock Purchase Plan.
• Following this transaction, Williams directly owns 8,796.8624 shares of Associated Banc-Corp common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects an executive's participation in a standard employee benefit program, indicating confidence in the company.

Positives

• The acquisition of shares by a company executive demonstrates confidence in the company's future.
• The use of the Employee Stock Purchase Plan indicates a benefit for employees.

Industry Context

This is a routine filing related to insider trading activity, which is common in publicly traded companies. It reflects an executive's participation in the company's employee stock purchase plan.

Comparison to Industry Standards

• Employee stock purchase plans are a common benefit offered by many publicly traded companies, including financial institutions like Associated Banc-Corp.
• The transaction is consistent with standard practices for executives acquiring company stock through such plans.
• Similar filings are regularly made by executives at comparable companies such as US Bancorp (USB) and Huntington Bancshares (HBAN) when they participate in similar programs.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates executive confidence in the company.
• The employee stock purchase plan benefits employees by allowing them to acquire company stock.

Key Dates

Keywords

insider trading, stock purchase, employee stock purchase plan, executive, common stock, Associated Banc-Corp, ASB