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

Executive Vice President Angie DeWitt of Associated Banc-Corp reports purchases of common stock through employee stock purchase and dividend reinvestment plans, as well as dividend equivalents awarded.

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 June 17, 2024, DeWitt acquired 134.4794 shares of common stock at $19.938 per share through the Employee Stock Purchase Plan.
• Additionally, 224.957 shares were purchased at $19.9463 per share via the Dividend Reinvestment Plan on the same date.
• DeWitt also acquired 158 shares at $20.25 per share as fully vested dividend equivalents awarded pursuant to performance-based RSUs.
• Following these transactions, DeWitt directly owns 45,075.2999 shares and indirectly owns 217.29 shares through a 401(k) plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The executive's participation in stock purchase plans suggests confidence, but the transactions are routine.

Positives

• The executive's participation in the Employee Stock Purchase Plan and Dividend Reinvestment Plan indicates confidence in the company's future.
• The acquisition of dividend equivalents suggests strong performance leading to the vesting of these awards.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the trading activities of company insiders. These filings are closely watched by investors as they can provide insights into management's sentiment about the company's prospects.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding insider trading activity.

Key Dates