Form 4: Executive Vice President of Associated Banc-Corp Receives Stock Grant

John A. Utz, an Executive Vice President at Associated Banc-Corp, was granted 5,448 shares of restricted stock on January 29, 2025.

Summary

• John A. Utz, an Executive Vice President at Associated Banc-Corp, received 5,448 shares of time-based restricted stock on January 29, 2025.
• These restricted stock units (TRSUs) will vest in four equal annual installments starting on February 8, 2026.
• Following this transaction, Mr. Utz directly owns 106,199.2148 shares of common stock and indirectly owns 15,084.26 shares through a 401(k) plan.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation event, which is generally positive for aligning management with shareholder interests. There are no negative implications.

Positives

• The grant of restricted stock aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and contribution from the executive.

Future Outlook

The restricted stock will vest in four equal annual installments beginning on February 8, 2026.

Industry Context

Stock grants are a common form of executive compensation in the financial services industry, aligning management's interests with shareholder value.

Comparison to Industry Standards

• Stock grants are a standard practice for executive compensation across the financial industry.
• The vesting schedule of four equal annual installments is a typical approach to ensure long-term commitment from executives.
• Companies like JPMorgan Chase, Bank of America, and Wells Fargo also use similar stock-based compensation plans for their executives.

Stakeholder Impact

• The stock grant aligns the executive's interests with those of shareholders, potentially leading to better long-term performance.
• The vesting schedule encourages the executive's continued service, which benefits the company and its stakeholders.

Key Dates

Keywords

restricted stock, stock grant, executive compensation, insider trading, beneficial ownership, Associated Banc-Corp, ASB, time-based restricted stock units, TRSUs