Form 4: Associated Banc-Corp Executive Vice President Acquires Shares Through Employee Stock Purchase Plan

Executive Vice President Nicole M. Kitowski of Associated Banc-Corp acquired shares of common stock through the company's Employee Stock Purchase Plan.

Summary

• Nicole M. Kitowski, an Executive Vice President at Associated Banc-Corp, acquired 28.0525 shares of common stock on January 15, 2025.
• The shares were purchased at a price of $25.227 per share.
• The transaction was part of the company's Employee Stock Purchase Plan.
• Following the transaction, Ms. Kitowski directly owns 38,271.8043 shares and indirectly owns 3,105.64 shares through a 401(k) plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a positive but not overly significant sentiment. The executive's participation in the stock purchase plan is a positive sign.

Positives

• The purchase demonstrates the executive's confidence in the company's future.
• The Employee Stock Purchase Plan allows employees to invest in the company at a potentially favorable price.

Industry Context

This is a routine transaction for an executive participating in an employee stock purchase plan, and is common practice in the financial industry.

Comparison to Industry Standards

• Employee stock purchase plans are a common benefit offered by many publicly traded companies, including those in the financial sector.
• The transaction is consistent with standard practices for executives acquiring company stock.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates executive confidence.
• The transaction has a positive impact on the employee as they are able to purchase shares in the company.

Key Dates

Keywords

Employee Stock Purchase Plan, Executive Vice President, Share Acquisition, Common Stock, Associated Banc-Corp, Insider Trading, Form 4