Form 4: Associated Banc-Corp Executive Vice President David L. Stein Reports Share Transactions
SEC Form 4 Filing
Executive Vice President of Associated Banc-Corp, David L. Stein, reports the acquisition of 195 shares and indirect ownership of 60,110.37 shares through a 401(k) plan and a trust.
Summary
- David L. Stein, an Executive Vice President at Associated Banc-Corp, reported a transaction involving the company's common stock.
- On December 16, 2024, Mr. Stein acquired 195 shares of common stock at a price of $25.72 per share.
- Following this transaction, Mr. Stein directly owns 81,216 shares.
- Mr. Stein also has indirect ownership of 10,813.37 shares through a 401(k) plan and 49,297 shares through a trust.
- The 195 shares were awarded as fully vested dividend equivalents from performance-based RSUs, payable in common stock and subject to deferral until separation.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing of an insider transaction, and does not indicate any positive or negative sentiment.
Positives
- The acquisition of shares by an executive could be seen as a positive sign of confidence in the company's future.
Industry Context
This is a routine filing related to insider trading and is common for executives of publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The transaction is typical for executives receiving stock-based compensation.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a small change in executive ownership.
Key Dates
| Date | Description |
|---|---|
| 12/16/2024 | Date of the reported stock transaction. |
| 12/17/2024 | Date the Form 4 was signed. |
Keywords
Associated Banc-Corp, insider trading, Form 4, share acquisition, executive compensation, David L. Stein, stock ownership, dividend equivalents, RSUs
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