Form 4: Associated Banc-Corp Executive Vice President Reports Share Transactions
SEC Form 4 Filing
Nicole M. Kitowski, Executive Vice President of Associated Banc-Corp, reports acquisition and disposal of company shares related to vesting of performance shares and tax obligations.
Summary
- On March 10, 2025, Nicole M. Kitowski, Executive Vice President of Associated Banc-Corp, acquired 9,432 shares of common stock at $21.45 per share due to the vesting of performance shares.
- On the same day, 4,434 shares were disposed of at $21.45 per share to cover tax withholding obligations.
- Following these transactions, Kitowski directly owns 44,842.6128 shares and indirectly owns 3,105.64 shares through a 401(k) plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation and tax obligations. There is no indication of positive or negative sentiment towards the company's prospects.
Positives
- The vesting of performance shares suggests that the executive has met certain performance criteria, which could be viewed positively.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into individual executive compensation and stock ownership.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2022 | Performance shares were granted. |
| 03/10/2025 | Date of share acquisition and disposal due to vesting and tax obligations. |
| 03/12/2025 | Date of signature on the Form 4 filing. |
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