Form 4: Associated Banc-Corp Executive Vice President Angie DeWitt Reports Stock Transactions

Executive Vice President Angie DeWitt reports acquisition and disposal of Associated Banc-Corp stock related to vesting of performance shares.

Summary

• On March 13, 2024, Angie DeWitt, Executive Vice President of Associated Banc-Corp, reported transactions involving the company's common stock.
• DeWitt acquired 8,564 shares at a price of $20.70 per share due to the vesting of performance shares granted in 2021.
• Concurrently, DeWitt disposed of 3,606 shares at $20.70 per share to satisfy tax withholding obligations related to the vesting.
• Following these transactions, DeWitt directly owns 44,144.3599 shares and indirectly owns 215.08 shares through a 401(k) plan.
• The performance shares vested after a 3-year cliff vesting period.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to compensation and tax obligations.

Positives

• The vesting of performance shares indicates that performance targets were likely met, which is a positive signal.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into insider transactions, allowing investors to monitor the actions of company executives and directors.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect insider activity related to compensation.

Key Dates