Form 4: Associated Banc-Corp Executive Receives Restricted Stock Units

Phillip Trier, an EVP at Associated Banc-Corp, was granted 4,139 time-based restricted stock units (TRSUs) on January 29, 2025.

Summary

• Phillip Trier, an Executive Vice President at Associated Banc-Corp, received 4,139 shares of time-based restricted stock units (TRSUs).
• These TRSUs were granted on January 29, 2025.
• The shares will vest in four equal annual installments, starting on February 8, 2026.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation event, which is generally positive for aligning management with shareholder interests. It is not a major event that would drastically change the outlook of the company.

Positives

• The grant of restricted stock units aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term performance and retention of the executive.

Industry Context

Grants of restricted stock units are a common form of executive compensation in the financial services industry, designed to incentivize performance and retention.

Comparison to Industry Standards

• Restricted stock unit grants are a standard practice for executive compensation across the financial industry.
• The vesting schedule of four equal annual installments is also a common approach to ensure long-term alignment of interests.
• Companies like JPMorgan Chase, Bank of America, and Wells Fargo also use similar equity-based compensation plans for their executives.

Stakeholder Impact

• Shareholders may view this as a positive sign of aligning executive interests with company performance.
• Employees may see this as a standard practice for executive compensation.

Key Dates

Keywords

restricted stock units, TRSUs, executive compensation, insider transaction, stock grant, vesting, Associated Banc-Corp, Phillip Trier