Form 4: Associated Banc-Corp Executive Vice President Ahern Exercises and Sells Shares

Executive Vice President Patrick Edward Ahern of Associated Banc-Corp exercised stock options and sold shares on November 8, 2024.

Summary

• On November 8, 2024, Patrick Edward Ahern, an Executive Vice President at Associated Banc-Corp, exercised non-qualified stock options to acquire 30,777 shares of common stock at a price of $20.32 per share.
• Simultaneously, Ahern sold 30,777 shares at a weighted average price of $26.853, with individual sales ranging from $26.83 to $26.875.
• Following these transactions, Ahern directly owns 37,087 shares and indirectly owns 5,274.27 shares through a 401(k) plan.
• The exercised options were part of a grant that vested in four equal annual installments starting on February 8, 2021.
• Ahern also holds non-qualified stock options for 30,777 shares, exercisable from February 4, 2030.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It's common for executives to exercise stock options and sell shares for personal financial management.

Comparison to Industry Standards

• Executive compensation packages often include stock options to align management's interests with those of shareholders.
• The vesting schedule and exercise price are typical components of such agreements.
• Monitoring insider transactions is a standard practice in financial analysis to gauge executive sentiment and potential future performance.

Stakeholder Impact

• Shareholders are informed about the executive's transactions, contributing to market transparency.
• The transactions may have a minor impact on the stock price due to the volume of shares traded.

Key Dates