Form 4: Executive Increases Stake Through Employee Plan

John A. Utz, Executive Vice President of Associated Banc-Corp, acquired additional shares of the company's common stock through an employee stock purchase plan.

Summary

• John A. Utz, an Executive Vice President at Associated Banc-Corp (ASB), acquired 52.6445 shares of common stock.
• The shares were purchased on July 15, 2025, at a price of $25.597 per share.
• This acquisition was made through the Issuer's Employee Stock Purchase Plan.
• Following this transaction, John A. Utz directly beneficially owns 116,173.9321 shares of common stock.
• Additionally, John A. Utz indirectly beneficially owns 15,367.72 shares through a 401(k) Plan.

Sentiment

Score: 6

Explanation: The acquisition of shares by an executive, even a small amount, through an employee stock purchase plan generally indicates confidence in the company's future, leading to a slightly positive sentiment.

Positives

• An executive's acquisition of company shares, even a small amount, can signal confidence in the company's future prospects.
• Participation in an Employee Stock Purchase Plan aligns the interests of the executive with those of the shareholders.

Negatives

• No explicit negative information is contained in this routine insider transaction report.

Risks

• No specific risks are disclosed in this Form 4 filing.

Future Outlook

This Form 4 filing reports a past transaction and does not contain any forward-looking statements or guidance regarding future performance or outlook.

Industry Context

This is a standard insider transaction filing, common across all industries, where an executive acquires shares through an employee stock purchase plan. It does not provide specific insights into broader industry trends for the financial sector beyond the company's identity as Associated Banc-Corp.

Related Party Transactions

• John A. Utz, an Executive Vice President, acquired shares from Associated Banc-Corp through the Issuer's Employee Stock Purchase Plan, which is a routine related-party transaction.

Stakeholder Impact

• Shareholders: The transaction provides a minor positive signal of management's alignment with shareholder interests.
• Employees: The transaction highlights the availability and utilization of an Employee Stock Purchase Plan, which can be a benefit for employees.

Key Dates

Keywords

Insider transaction, SEC Form 4, Stock acquisition, Executive ownership, Employee Stock Purchase Plan, ASB, Associated Banc-Corp, Beneficial ownership