Form 4: Associated Banc-Corp Executive Angie DeWitt Reports Stock Transactions

Angie DeWitt, an Executive Vice President at Associated Banc-Corp, reported the acquisition and disposal of company stock, including shares surrendered for tax obligations.

Summary

• Angie DeWitt, an Executive Vice President at Associated Banc-Corp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On February 8, 2025, DeWitt acquired 162 shares of common stock at a price of $25.18 per share due to dividend equivalent units earned on vested shares.
• On February 10, 2025, DeWitt disposed of 464 shares to satisfy tax withholding obligations arising from the vesting of time-based restricted stock, also at $25.18 per share.
• Following these transactions, DeWitt directly owns 49,191.1672 shares of Associated Banc-Corp common stock and indirectly owns 223.5 shares through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the transactions are routine and related to compensation and tax obligations. There is no indication of significant positive or negative sentiment.

Positives

• The acquisition of shares through dividend equivalent units indicates a continued investment in the company by the executive.

Negatives

• The disposal of shares to cover tax obligations, while routine, reduces the executive's direct holdings in the company.

Industry Context

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

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Form 4, beneficial ownership, stock transactions, Associated Banc-Corp, Angie DeWitt, executive compensation, dividend equivalent units, tax withholding, restricted stock, ASB