Form 4: Associated Banc-Corp Executive Vice President Paul Gregory Schmidt Reports Stock Sale and Option Exercise

Executive Vice President Paul Gregory Schmidt of Associated Banc-Corp reports the sale of 27,432 shares and the exercise of options for 22,432 shares of common stock.

Summary

• On November 6, 2024, Paul Gregory Schmidt, an Executive Vice President at Associated Banc-Corp, sold 27,432 shares of common stock at a weighted average price of $26.955.
• The shares were sold in multiple transactions with prices ranging from $26.92 to $26.985.
• Schmidt also exercised options to acquire 22,432 shares of common stock at an exercise price of $17.38.
• Following these transactions, Schmidt directly owns 44,895 shares of Associated Banc-Corp common stock.
• The options exercised were part of a non-qualified stock option plan that vests in four equal annual installments beginning on February 8, 2017, and expire on February 1, 2026.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
• The filing provides transparency to stakeholders regarding insider transactions.

Key Dates