Form 4: Associated Banc-Corp Executive Increases Stake Through Dividend Reinvestment Plan
Insider Transaction Report
Phillip Trier, Executive Vice President of Associated Banc-Corp, acquired additional common shares through a routine dividend reinvestment plan on June 16, 2025.
Summary
- Phillip Trier, an Executive Vice President (EVP) of Associated Banc-Corp (ASB), acquired additional shares of the company's common stock.
- The transaction occurred on June 16, 2025.
- A total of 51.121 shares of common stock with a par value of $0.01 were acquired.
- The acquisition price per share was $22.9747.
- Following this transaction, Phillip Trier beneficially owns 22,602.607 shares of Associated Banc-Corp common stock.
- The shares were acquired under a dividend reinvestment plan (DRP).
- The transaction is exempt from Section 16 of the Securities Exchange Act of 1934 under Rule 16a-11, as it was a dividend reinvestment transaction.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive as it reflects an executive's continued investment in the company through a dividend reinvestment plan, aligning management interests with shareholders. However, it is a routine transaction and not indicative of a major strategic move or significant new capital commitment.
Positives
- Phillip Trier, an Executive Vice President, increased his beneficial ownership in Associated Banc-Corp, indicating continued alignment with shareholder interests.
- The acquisition was made through a dividend reinvestment plan, a common method for long-term investment and compounding returns, reflecting a commitment to the company's future.
Negatives
- No negative aspects are indicated in this routine dividend reinvestment transaction.
Risks
- This Form 4 filing, detailing a routine dividend reinvestment, does not disclose specific risks to the company.
Future Outlook
This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future outlook.
Management Comments
- The filing includes the signature of Lynn M. Floeter, by Power of Attorney from Phillip Trier, confirming the transaction.
Industry Context
This specific Form 4 filing, detailing an individual executive's share acquisition via dividend reinvestment, does not provide broader industry context or trends.
Comparison to Industry Standards
- This Form 4 filing, which reports an individual executive's share acquisition through a dividend reinvestment plan, does not provide data for comparison to industry-specific financial benchmarks or competitor performance.
Stakeholder Impact
- Shareholders: Increased alignment of executive interests with shareholder value through continued equity ownership.
- Employees, Customers, Suppliers, Creditors: No direct impact indicated by this specific filing.
Next Steps
- This Form 4 filing reports a completed transaction and does not outline specific future actions or milestones for the company.
Key Dates
| Date | Description |
|---|---|
| 06/16/2025 | Date of earliest transaction, when Phillip Trier acquired common stock through the dividend reinvestment plan. |
| 06/18/2025 | Date the Form 4 was signed by Lynn M. Floeter, by Power of Attorney from Phillip Trier. |
Recommendation
holdKeywords
Associated Banc-Corp, ASB, Form 4, SEC filing, insider transaction, dividend reinvestment plan, equity acquisition, executive ownership, Phillip Trier
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