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.

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 March 17, 2025, DeWitt acquired 25.773 shares of common stock at $22.141 per share through the Employee Stock Purchase Plan.
• Additionally, 232.017 shares were acquired at $21.7288 per share through the Dividend Reinvestment Plan.
• DeWitt also acquired 183 shares as fully vested dividend equivalents awarded pursuant to performance-based RSUs at $22.22.
• Following these transactions, DeWitt directly owns 58,941.3943 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. The transactions are routine and reflect standard executive compensation practices. There is no indication of unusual or concerning activity.

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 further increases the executive's stake in the company.

Industry Context

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

Comparison to Industry Standards

• Executive compensation packages often include stock options, restricted stock units (RSUs), and employee stock purchase plans (ESPPs) to align management's interests with those of shareholders.
• Dividend reinvestment plans (DRIPs) are a common way for shareholders, including executives, to increase their holdings in a company over time.
• The reported transactions are typical for executives participating in company-sponsored stock programs.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• They provide transparency into executive stock ownership, which can be viewed positively by shareholders.

Key Dates

Keywords

Form 4, beneficial ownership, stock purchase, dividend reinvestment, employee stock purchase plan, Associated Banc-Corp, ASB, DeWitt