Form 4: Associated Banc-Corp Executive Vice President David L. Stein Reports Stock Transactions

Executive Vice President of Associated Banc-Corp, David L. Stein, reports the acquisition of 4,837 shares of common stock and holdings in various other securities.

Summary

• David L. Stein, an Executive Vice President at Associated Banc-Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• The report indicates that Mr. Stein acquired 4,837 shares of common stock on January 29, 2025, at a price of $0.
• These shares were granted as Time-Based Restricted Stock Units (TRSUs) that will vest in four equal annual installments starting February 8, 2026.
• Mr. Stein also holds 10,896.57 shares of common stock indirectly through a 401(k) plan, 49,297 shares indirectly through a trust, and 4,000 shares of Non-Cumulative Perpetual Preferred Stock, Series E indirectly through a trust.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It is neither particularly positive nor negative, but indicates standard corporate governance practices.

Positives

• The acquisition of restricted stock units indicates a long-term commitment by the executive to the company's success.
• The vesting schedule of the restricted stock units provides a structured incentive for continued performance.

Future Outlook

The restricted stock units will vest in four equal annual installments starting February 8, 2026, indicating a future incentive for the executive.

Industry Context

Form 4 filings are a standard part of regulatory compliance for company insiders, providing transparency into their transactions and holdings. This filing is typical for executives receiving stock-based compensation.

Comparison to Industry Standards

• The reporting of stock transactions by executives is a common practice across publicly traded companies, with similar filings required by the SEC for all US listed companies.
• The use of restricted stock units as part of executive compensation is a standard practice in the financial industry, aligning executive interests with long-term shareholder value.
• The vesting schedule of the restricted stock units is typical, with annual vesting over a period of several years.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The vesting schedule of the restricted stock units aligns executive interests with long-term shareholder value.

Key Dates

Keywords

Form 4, Beneficial Ownership, Associated Banc-Corp, David L. Stein, Restricted Stock Units, TRSUs, Executive Vice President, Stock Transaction, Securities, 401(k), Trust, Preferred Stock