Form 4: Associated Banc-Corp Executive Increases Stake Through Employee Stock Purchase Plan
SEC Form 4 Filing
Nicole M. Kitowski, Executive Vice President of Associated Banc-Corp, increased her holdings of company stock through a purchase via the Employee Stock Purchase Plan.
Summary
- On March 15, 2024, Nicole M. Kitowski, an Executive Vice President at Associated Banc-Corp, acquired 34.6749 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, Kitowski directly owns 42,976.5875 shares of Associated Banc-Corp common stock.
- Kitowski also indirectly owns 2,988.78 shares through a 401(k) plan.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction. Insider buying is generally viewed positively, but this is a small purchase through an employee plan.
Positives
- Executive's participation in the Employee Stock Purchase Plan signals confidence in the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's sentiment towards the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Purchase of common stock. |
| 03/18/2024 | Date of signature on the Form 4 filing. |
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