Form 4: Associated Banc-Corp Executive John A. Utz Reports Changes in Beneficial Ownership

Executive Vice President John A. Utz reports acquisition and disposal of Associated Banc-Corp stock due to vesting of performance shares and tax obligations.

Summary

• On March 13, 2024, John A. Utz, an Executive Vice President at Associated Banc-Corp, reported changes in his beneficial ownership of the company's stock.
• He acquired 15,246 shares of common stock at a price of $20.70 due to the vesting of performance shares granted in 2021.
• He also acquired 972 shares due to dividend equivalent units earned on vested shares.
• 3,175 shares were disposed of at $20.70 to satisfy tax withholding obligations related to the vesting of performance shares.
• Following these transactions, Utz directly owns 102,922.867 shares of Associated Banc-Corp common stock and indirectly owns 14,516.66 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It is neutral in sentiment as it simply reports facts without expressing opinions or predictions.

Positives

• The vesting of performance shares indicates that performance goals were likely met, which is a positive signal.

Future Outlook

The document does not contain any specific forward-looking statements.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This filing indicates standard compensation practices involving stock-based awards.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates