Associated Banc-Corp (NYSE: ASB) director awarded 44 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jones-Tyson Rodney reported acquisition or exercise transactions in this Form 4 filing.
ASSOCIATED BANC-CORP director Rodney Jones-Tyson received an award of 44 shares of common stock, reported at $24.59 per share. After this grant, he directly holds 13,866 common shares. A footnote explains these represent dividend equivalent units tied to restricted stock units, which pay out in shares upon vesting, with an option for deferral.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jones-Tyson Rodney
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock $0.01 Par Value | 44 | $24.59 | $1K |
Holdings After Transaction:
Common Stock $0.01 Par Value — 13,866 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ASB director Rodney Jones-Tyson report on this Form 4?
Director Rodney Jones-Tyson reported an award of 44 shares of Associated Banc-Corp common stock. The shares are linked to dividend equivalent units associated with restricted stock units and are treated as a compensation-related acquisition rather than an open-market purchase.
At what price was the ASB Form 4 stock award to Rodney Jones-Tyson reported?
The 44-share award to Rodney Jones-Tyson was reported at $24.59 per share. This reflects the value used in the filing for the granted common stock tied to dividend equivalent units related to existing restricted stock units.
What are dividend equivalent units mentioned in the ASB Form 4 footnote?
Dividend equivalent units in this filing vest on the first anniversary of the related restricted stock unit grant. They are payable solely in shares of Associated Banc-Corp common stock upon vesting, with an option for the insider to defer receipt according to the footnote.
Was the ASB Form 4 transaction an open-market buy or a compensation grant?
The Form 4 transaction was a compensation-related grant, coded as a grant or award acquisition. It reflects dividend equivalent units tied to restricted stock units, not an open-market purchase of Associated Banc-Corp shares by the director.