ASB insider filing: 34,473 options exercised; 29,316 for taxes

Rhea-AI Filing Summary

Associated Banc-Corp (ASB) reported an amended Form 4 for Executive Vice President Randall J. Erickson. On 10/30/2024, he exercised 34,473 stock options at $17.24 per share (transaction code M) and surrendered 29,316 shares at $24.02 (code F) to satisfy tax withholding. Following these transactions, he directly beneficially owned 133,837 shares.

The amendment notes that the acquired shares were inadvertently omitted from the post-transaction share total in the original filing. The exercised options were non-qualified options, originally vesting in four equal annual installments beginning February 8, 2016, and carry an expiration date of February 2, 2025.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Erickson Randall J.

(Last) (First) (Middle)

C/O ASSOCIATED BANC-CORP

433 MAIN STREET

(Street)

GREEN BAY WI 54301

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ASSOCIATED BANC-CORP [ ASB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)
10/31/2024

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock $0.01 Par Value	10/30/2024		M(1)		34,473	A	$17.24	163,153	D
Common Stock $0.01 Par Value	10/30/2024		F(2)		29,316	D	$24.02	133,837	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-qualified Stock Option (Right to Buy)	$17.24	10/30/2024		M			34,473	(3)	02/02/2025	Common Stock $0.01 Par Value	34,473	$0	0	D

Explanation of Responses:

1. Acquired shares were inadvertently omitted from share total in column 5 on original Form 4 report.

2. Shares were surrendered to satisfy tax withholding obligations arising from exercise of vested stock options.

3. Option vests in four equal annual installments beginning on February 8, 2016.

	/s/ Lynn M. Floeter, attorney-in-fact for Randall J. Erickson	10/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ASB insider Randall J. Erickson report on Form 4/A?

He exercised 34,473 options at $17.24 and surrendered 29,316 shares at $24.02 for tax withholding on 10/30/2024.

How many ASB shares does the reporting person own after the transactions?

Direct beneficial ownership is 133,837 shares following the reported transactions.

What was amended in this ASB Form 4/A filing?

The filing states the acquired shares were inadvertently omitted from the post-transaction total in column 5 of the original report.

What type of derivative was exercised and at what price?

A non-qualified stock option (right to buy) was exercised at an exercise price of $17.24 per share.

What were the tax withholding details for the ASB transaction?

29,316 shares were surrendered at $24.02 to satisfy tax withholding obligations arising from the option exercise.

When do the exercised ASB options expire and how did they vest?

The options expire on February 2, 2025 and vested in four equal annual installments beginning February 8, 2016.