Form 4: Associated Banc-Corp Executive Derek S. Meyer Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


EVP and Chief Financial Officer of Associated Banc-Corp, Derek S. Meyer, reports acquisition and disposal of common stock due to dividend equivalent units and tax obligations.

Summary

  • Derek S. Meyer, EVP and Chief Financial Officer of Associated Banc-Corp, filed a Form 4 detailing changes in beneficial ownership.
  • On February 8, 2025, Meyer acquired 83 shares of common stock at $25.18 per share due to dividend equivalent units earned on vested time-based shares.
  • On February 10, 2025, Meyer disposed of 855 shares at $25.18 per share to satisfy tax withholding obligations arising from the vesting of time-based restricted stock.
  • Following these transactions, Meyer directly owns 44,555.379 shares of Associated Banc-Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is crucial for maintaining market integrity and investor confidence.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding executive stock transactions.
  • The transactions have a minor impact on the overall shareholding structure.

Key Dates

DateDescription
02/08/2025Acquisition of 83 shares of common stock due to dividend equivalent units.
02/10/2025Disposal of 855 shares of common stock to satisfy tax withholding obligations.
02/11/2025Date of signature by attorney-in-fact for Derek S. Meyer.

Keywords

Form 4, Beneficial Ownership, Insider Trading, SEC Filing, Associated Banc-Corp, ASB, Derek S. Meyer, Executive Compensation, Stock Options, Dividend Equivalent Units, Tax Withholding

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