Form 4: Director Karen van Lith Trades Associated Banc-Corp Stock

Director Karen van Lith reported transactions involving Associated Banc-Corp common stock and phantom stock units.

Summary

• Karen van Lith, a Director at Associated Banc-Corp (ASB), reported transactions on June 15, 2026.
• These transactions involved the acquisition of 38 shares of common stock at $29.22 per share, and an additional 355 shares of common stock at $29.22 per share.
• Following these acquisitions, van Lith beneficially owns 60,856 shares directly.
• The filing also notes ownership of 61,211 shares directly and an indirect ownership of common stock within an IRA.
• Additionally, 28,618.169 phantom stock units were held, which are 100% vested and will remain in a nonqualified benefit plan until distributed.
• Dividend equivalent units, which vest one year after the grant of related restricted stock units, are payable in common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine insider transactions without indicating significant positive or negative developments for the company.

Positives

• Director Karen van Lith acquired additional shares of Associated Banc-Corp common stock, indicating a potential belief in the company's value.
• The acquisition of 38 and 355 shares at a price of $29.22 per share suggests a stable or potentially undervalued stock price at the time of the transaction.
• The reporting person holds a significant number of shares (60,856 directly) and phantom stock units (28,618.169), demonstrating a substantial investment in the company.

Negatives

• The filing does not detail any negative financial performance or operational issues.
• No specific negative forward-looking statements were made in this transaction report.

Risks

• The value of phantom stock units is subject to the terms of the nonqualified benefit plan and distribution elections.
• Dividend equivalent units are subject to vesting schedules and potential deferrals.
• Indirect ownership through an IRA carries the general risks associated with market fluctuations and investment performance within retirement accounts.

Future Outlook

The filing does not contain specific forward-looking statements or guidance regarding the company's future financial performance. It primarily reports on past transactions by a director.

Management Comments

• The filing is a standard SEC Form 4 reporting insider transactions and does not contain direct management commentary.
• Explanations of responses clarify the nature of dividend equivalent units and phantom stock units, indicating they are part of executive compensation and benefit plans.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for publicly traded companies, providing transparency into insider stock transactions. Such filings are standard practice across the banking and financial services industry.

Comparison to Industry Standards

• This filing is a standard SEC Form 4, which is a regulatory requirement for all U.S. public companies, including those in the financial services sector like Associated Banc-Corp.
• The format and content align with typical insider transaction reports filed by directors and officers of comparable financial institutions.

Stakeholder Impact

• Shareholders: Increased transparency into director's holdings and transactions, which can inform investment decisions.
• Employees: The phantom stock units and dividend equivalents are part of executive compensation, impacting employee benefit structures.
• Management: The transactions reflect the director's personal investment strategy and confidence in the company.

Next Steps

• Phantom stock units will remain in the nonqualified benefit plan until distributed according to the insider's election.
• Dividend equivalent units will vest on the first anniversary of the grant of the related restricted stock units and are payable upon vesting, subject to deferral.

Key Dates

Keywords

Associated Banc-Corp, ASB, Form 4, Insider Trading, Director Transactions, Common Stock, Phantom Stock Units, Beneficial Ownership, SEC Filing, Karen van Lith