Form 4: Director Robert A. Jeffe Reports Acquisition of Phantom Stock Units in Associated Banc-Corp

Robert A. Jeffe, a director of Associated Banc-Corp, reported the acquisition of 978.37 phantom stock units under the Director's Deferred Compensation Plan on July 19, 2024.

Summary

• On July 19, 2024, Robert A. Jeffe, a director of Associated Banc-Corp, acquired 978.37 phantom stock units under the Director's Deferred Compensation Plan.
• These stock units are fully vested upon acquisition and will remain in the Director's Deferred Compensation Plan until distribution according to the insider's elections.
• Following the reported transaction, Jeffe directly owns 74,256.708 shares of Associated Banc-Corp common stock.
• The price of the phantom stock units was $22.99.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing indicating insider activity, which can be seen as a positive sign of confidence, but it's not overwhelmingly positive.

Positives

• The acquisition of phantom stock units by a director signals confidence in the company's future performance.

Future Outlook

The phantom stock units will remain in the Director's Deferred Compensation Plan until distribution based on the insider's elections.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.

Stakeholder Impact

• Shareholders may view the director's acquisition of phantom stock units as a positive sign of confidence in the company's future.

Key Dates