Form 4: Associated Banc-Corp Executive Vice President John A. Utz Reports Stock Transactions

Executive Vice President John A. Utz reports the acquisition and disposal of Associated Banc-Corp common stock and the exercise of non-qualified stock options.

Summary

• On October 29, 2024, John A. Utz, an Executive Vice President at Associated Banc-Corp, acquired 20,499 shares of common stock at $17.24 per share through the exercise of non-qualified stock options.
• On the same day, Utz disposed of 20,499 shares of common stock at a weighted average price of $23.616, with prices ranging from $23.600 to $23.670.
• On October 30, 2024, Utz acquired 19,044 shares of common stock at $17.24 per share through the exercise of non-qualified stock options.
• Also on October 30, 2024, Utz disposed of 19,044 shares of common stock at a weighted average price of $24.187, with prices ranging from $24.13 to $24.205.
• Following these transactions, Utz directly owns 100,203.5001 shares of common stock and indirectly owns 14,969.08 shares through a 401(k) plan.
• He also owns non-qualified stock options for 0 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports transactions. The executive is selling some shares, which could be seen as slightly negative, but it's a routine transaction.

Positives

• The exercise of stock options and subsequent sale of shares suggests that the executive believes the stock is fairly valued or overvalued.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the supply of shares in the market.

Key Dates