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

Executive Vice President Steven S. Zandpour acquired 80.6691 shares of Associated Banc-Corp common stock through the company's Employee Stock Purchase Plan.

Summary

• Steven S. Zandpour, an Executive Vice President at Associated Banc-Corp, acquired 80.6691 shares of common stock.
• The shares were purchased on January 15, 2025, at a price of $25.227 per share.
• The transaction was part of the company's Employee Stock Purchase Plan.
• Following the transaction, Mr. Zandpour directly owns 11,527.9471 shares of Associated Banc-Corp common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a positive but not overly significant sentiment. The executive's participation in the stock purchase plan is a positive sign.

Positives

• The purchase demonstrates the executive's confidence in the company's future.
• The Employee Stock Purchase Plan allows employees to invest in the company.

Industry Context

This is a routine transaction for an executive participating in an employee stock purchase plan, and is common in the financial services industry.

Comparison to Industry Standards

• Employee stock purchase plans are a common benefit offered by many publicly traded companies, including those in the financial sector.
• Executive stock purchases are regularly disclosed through SEC Form 4 filings, which is standard practice.
• The transaction is consistent with typical insider trading activity related to employee stock purchase plans.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates executive confidence.
• The transaction has a positive impact on employees as it shows the company is providing opportunities for employees to invest in the company.

Key Dates

Keywords

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