Form 4: Eileen A. Kamerick of Associated Banc-Corp Reports Acquisition of Common Stock and Dividend Equivalents
SEC Form 4 Filing
Director Eileen A. Kamerick reports acquisition of common stock and dividend equivalents in Associated Banc-Corp.
Summary
- Eileen A. Kamerick, a director of Associated Banc-Corp, reported acquiring 63 shares of common stock at $21.36 per share on September 16, 2024.
- She also acquired 416 shares of common stock at $21.36 per share on the same date.
- Following these transactions, Kamerick directly owns 51,102 shares of Associated Banc-Corp common stock.
- Kamerick also holds 29,448.383 phantom stock units.
- Dividend equivalent units vest on the first anniversary of the grant of the restricted stock units to which they relate and are payable in shares of common stock upon vesting.
- Fully vested dividend equivalents are received on restricted stock units payable in shares of common stock following the date the Insider ceases serving as a director.
- Phantom stock units will remain in Insider's nonqualified benefit plan until such plan account balance is distributed pursuant to Insider's distribution election(s) on file.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it simply reports transactions. The director's purchase could be seen as a slightly positive signal.
Positives
- The director's acquisition of shares may signal confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transactions may have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 09/16/2024 | Date of common stock and dividend equivalent acquisition |
| 09/17/2024 | Date of signature for the 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.