Form 4: Associated Banc-Corp Executive Angie DeWitt Reports Stock Purchase
SEC Form 4 Filing
Executive Vice President Angie DeWitt of Associated Banc-Corp reports purchasing common stock through the company's Employee Stock Purchase Plan.
Summary
- On May 15, 2024, Angie DeWitt, an Executive Vice President at Associated Banc-Corp, acquired 30.1026 shares of common stock at a price of $22.327 per share.
- The transaction was part of the Issuer's Employee Stock Purchase Plan.
- Following the transaction, DeWitt directly owns 44,557.8635 shares and indirectly owns 217.29 shares through a 401(k) plan.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine transaction. Insider buying is generally viewed positively, but the amount is small and part of a standard employee program.
Positives
- Executive's participation in the Employee Stock Purchase Plan indicates confidence in the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's sentiment towards the company's prospects.
Stakeholder Impact
- The stock purchase by an executive may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock purchase transaction |
| 05/16/2024 | Date of signature on the Form 4 filing |
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