Form 4: Associated Banc-Corp Executive Increases Stake Through Employee Stock Purchase Plan
SEC Form 4 Filing
Terry Lynn Williams, Chief Information Officer of Associated Banc-Corp, acquired additional shares of common stock through the company's Employee Stock Purchase Plan.
Summary
- On March 15, 2024, Terry Lynn Williams, the Chief Information Officer of Associated Banc-Corp, acquired 103.3054 shares of common stock at a price of $20.409 per share.
- The purchase was made through the Issuer's Employee Stock Purchase Plan.
- Following the transaction, Williams directly owns 7,944.3054 shares of Associated Banc-Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction (purchase of shares through an employee stock purchase plan) by a company executive, which is neither overwhelmingly positive nor negative.
Positives
- The purchase of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions are subject to regulatory scrutiny to prevent insider trading.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company executive.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Terry Lynn Williams acquired shares of Associated Banc-Corp common stock. |
| 03/18/2024 | Date of signature on the Form 4 filing. |
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