Form 4: Associated Banc-Corp Executive Vice President David L. Stein Reports Acquisition of Common Stock
SEC Form 4 Filing
Executive Vice President David L. Stein reports the acquisition of 228 shares of Associated Banc-Corp common stock at $22.22 per share due to vested dividend equivalents.
Summary
- David L. Stein, an Executive Vice President at Associated Banc-Corp, reported a transaction involving the company's common stock.
- On March 17, 2025, Stein acquired 228 shares of common stock at a price of $22.22 per share.
- This acquisition was due to fully vested dividend equivalents awarded pursuant to performance-based Restricted Stock Units (RSUs).
- These dividend equivalents are payable solely in shares of common stock and are subject to deferral until separation, as elected by Stein.
- Following the reported transaction, Stein directly owns 67,639 shares of Associated Banc-Corp common stock.
- Stein also indirectly owns 10,896.57 shares through a 401(k) plan and 84,573 shares by Trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation. The acquisition of shares by an executive is generally viewed as a positive sign, but it's not a major event.
Positives
- The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment of interests.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive stock ownership.
- The acquisition of shares by an executive may positively influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of the transaction where David L. Stein acquired common stock. |
| 03/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Associated Banc-Corp, David L. Stein, Executive Vice President, Common Stock, Acquisition, Dividend Equivalents, RSUs, Form 4, Beneficial Ownership
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