Form 4: Associated Banc-Corp Executive Vice President David L. Stein Reports Stock Transaction
SEC Form 4 Filing
Executive Vice President David L. Stein of Associated Banc-Corp reports the disposition of shares to cover tax obligations related to vesting restricted stock.
Summary
- On February 10, 2025, David L. Stein, an Executive Vice President at Associated Banc-Corp, disposed of 1,670 shares of common stock to satisfy tax withholding obligations.
- The shares were surrendered at a price of $25.18 per share.
- Following the transaction, Stein directly owns 58,259 shares of Associated Banc-Corp common stock.
- Stein also indirectly owns 10,896.57 shares through a 401(k) plan and 75,421 shares through a trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard transaction related to tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It's common for executives to surrender shares to cover taxes when restricted stock vests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it's a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock transaction (disposal of shares). |
| 02/11/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Associated Banc-Corp, David L. Stein, Executive Vice President, Stock Transaction, Tax Withholding, Restricted Stock, Beneficial Ownership, ASB
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