Form 4: Associated Banc-Corp Executive Vice President Dennis DeLoye Receives Stock Grant

Executive Vice President of Associated Banc-Corp, Dennis DeLoye, was granted 2,347 shares of time-based restricted stock.

Summary

• Dennis DeLoye, an Executive Vice President at Associated Banc-Corp, received a grant of 2,347 shares of time-based restricted stock.
• The shares were granted on January 29, 2025.
• The restricted stock units will vest in four equal annual installments starting on February 8, 2026.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation practice, which is generally viewed positively as it aligns management with shareholder interests. There are no negative implications.

Positives

• The grant of restricted stock aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and contribution from the executive.

Future Outlook

The restricted stock units will vest over a four-year period, incentivizing the executive's continued service.

Industry Context

Stock grants are a common form of executive compensation in the financial services industry, aligning management's interests with shareholder value.

Comparison to Industry Standards

• Stock grants are a standard practice for executive compensation across the financial industry.
• Companies like JPMorgan Chase, Bank of America, and Wells Fargo also use restricted stock units as part of their executive compensation packages.
• The vesting schedule of four years is also typical for these types of grants.

Stakeholder Impact

• Shareholders may view this as a positive sign of aligning executive interests with company performance.
• Employees may see this as a standard practice for executive compensation.

Key Dates

Keywords

stock grant, restricted stock, executive compensation, insider trading, beneficial ownership, Associated Banc-Corp, ASB, Dennis DeLoye