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

Terry Lynn Williams, Chief Information Officer of Associated Banc-Corp, was granted 3,881 shares of time-based restricted stock units (TRSUs).

Summary

• Terry Lynn Williams, the Chief Information Officer of Associated Banc-Corp, received 3,881 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 practice, which is generally viewed positively as it aligns executive interests with company performance. There are no negative implications.

Positives

• The grant of restricted stock units aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and contribution from the executive.

Future Outlook

The restricted stock units will vest over four years, starting in 2026, which is intended to incentivize long-term performance.

Industry Context

The granting of restricted stock units is a common practice in executive compensation packages within the financial services industry, aligning executive interests with shareholder value.

Comparison to Industry Standards

• Many financial institutions use restricted stock units as part of their executive compensation packages.
• The vesting schedule of four years is fairly standard for these types of grants.
• Companies like JPMorgan Chase, Bank of America, and Wells Fargo also use similar equity-based compensation to retain and incentivize key executives.

Stakeholder Impact

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

Key Dates

Keywords

Restricted Stock Units, TRSUs, Executive Compensation, Stock Grant, Associated Banc-Corp, Insider Transaction, Form 4