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

Executive Vice President John A. Utz of Associated Banc-Corp reports transactions involving common stock and stock options, resulting in adjustments to his beneficial ownership.

Summary

• On March 5, 2024, John A. Utz, an Executive Vice President at Associated Banc-Corp, reported several transactions involving the company's common stock.
• These transactions included the sale of shares at prices ranging from $21.19 to $21.22, and the exercise of stock options at a price of $17.67.
• Following these transactions, Utz directly owns 92,314.867 shares of common stock and indirectly owns 14,516.66 shares through a 401(k) plan.
• He also owns non-qualified stock options for 8,510 shares, exercisable from March 17, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with SEC regulations.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies like Associated Banc-Corp.
• Similar filings are regularly made by executives at comparable financial institutions such as U.S. Bancorp (USB), KeyCorp (KEY), and Huntington Bancshares (HBAN).
• These filings are mandated by SEC regulations to provide transparency regarding insider trading and executive compensation.

Stakeholder Impact

• The reported transactions may have a minor impact on shareholders, potentially influencing the stock price in the short term.
• The transactions reflect the executive's personal financial decisions and do not directly impact employees, customers, suppliers, or creditors.

Key Dates