Form 4: Associated Banc-Corp Executive Angie DeWitt Reports Acquisition of Shares

Sentiment:

SEC Form 4 Filing


Executive Vice President Angie DeWitt reports acquisition of Associated Banc-Corp shares through vested performance shares and dividend equivalent units.

Summary

  • Angie DeWitt, an Executive Vice President at Associated Banc-Corp, filed a Form 4 detailing changes in beneficial ownership.
  • On March 10, 2025, DeWitt acquired 8,222 shares of common stock at $21.45 per share, representing vested Performance Shares granted in 2022.
  • DeWitt also acquired 1,065 shares of common stock at $21.45 per share, representing dividend equivalent units earned on vested shares.
  • These shares are deferred and will remain in the Executive's Deferred Compensation Plan until distribution.
  • Following these transactions, DeWitt directly owns 58,500.6043 shares and indirectly owns 223.5 shares through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of shares by an executive is generally viewed as a positive, 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.

Future Outlook

The acquired shares will remain in the Executive's Deferred Compensation Plan until distributed according to DeWitt's distribution election.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates

DateDescription
2022Performance Shares granted.
03/10/2025Date of earliest transaction: Acquisition of shares and dividend equivalent units.
03/12/2025Date of signature on the Form 4 filing.

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