Form 4: Associated Banc-Corp Executive Vice President Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President Dennis DeLoye of Associated Banc-Corp reports acquisition and disposal of common stock related to vested performance shares and tax obligations.
Summary
- On March 10, 2025, Dennis DeLoye, Executive Vice President of Associated Banc-Corp, acquired 5,884 shares of common stock at $21.45 per share due to the vesting of performance shares granted in 2022.
- On the same day, 1,883 shares were disposed of at $21.45 per share to cover tax withholding obligations related to the vesting of these performance shares.
- Following these transactions, DeLoye directly owns 19,835.3 shares of Associated Banc-Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects routine transactions related to compensation and tax obligations. There is no indication of significant positive or negative news.
Positives
- The vesting of performance shares suggests that DeLoye met certain performance criteria, which could be viewed positively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2022 | Performance shares were granted. |
| 03/10/2025 | Date of stock acquisition and disposal. |
| 03/12/2025 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.