Utz John A. 4

What Happened John A. Utz, Executive Vice President of Associated Banc‑Corp (ASB), acquired a total of about 573.079 shares on 2026-03-16 in two transactions. He purchased 519 shares through the company's Employee Stock Purchase Plan (ESPP) at $24.59 each (≈ $12,762) and received 54.079 shares as dividend equivalent units credited on vested shares at an attributable price of $24.92 each (≈ $1,348). Combined consideration for these acquisitions is roughly $14,110. Both transactions were reported on a Form 4 filed 2026-03-17.

Key Details

• Transaction dates: 2026-03-16 (reported 2026-03-17).
• Individual entries:
  • Grant/award (code A): 519 shares @ $24.59 = $12,762 (F1 — purchased via Employee Stock Purchase Plan).
  • Other acquisition (code J): 54.079 shares @ $24.92 = $1,348 (F2 — dividend equivalent units on vested shares, a portion deferred to the Executive Deferred Compensation Plan).
• Total shares acquired: ~573.079; total value: ≈ $14,110.
• Shares owned after the transactions: Not stated in the filing.
• Filing timeliness: Not indicated as late (transaction period 2026-03-16; Form 4 filed 2026-03-17).

Context

• ESPP purchases are routine employee stock-plan acquisitions and are generally treated as insider purchases rather than open-market buys.
• Dividend equivalent units reflect payments on vested equity and, per the footnote, some were deferred into the executive’s deferred compensation plan until distribution.
• These transactions are acquisitions (insider added shares) but do not, by themselves, indicate the insider’s view of the company beyond routine plan participation.