What are Cory L. Nettles’s ASB share holdings after these transactions?

Following the grants, Nettles directly holds 47,259 shares of Associated Banc-Corp common stock. This figure reflects his updated non-derivative position after receipt of the 382-share compensation awards disclosed in the Form 4 filing.

Director at Associated Banc-Corp (ASB) receives 382-share stock award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Nettles Cory L reported acquisition or exercise transactions in this Form 4 filing.

ASSOCIATED BANC-CORP director Cory L. Nettles reported equity-based compensation activity. On 2026-06-15, he received two stock awards totaling 382 shares of common stock at $29.22 per share, bringing his direct common stock holdings to 47,259 shares.

The filing also reports phantom stock units linked to 52,445.568 underlying shares of common stock. Footnotes explain these units are fully vested dividend-equivalent and deferred compensation awards that are payable solely in shares of common stock under the director’s distribution and vesting elections.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Nettles Cory L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock $0.01 Par Value	38	$29.22	$1K
Grant/Award	Common Stock $0.01 Par Value	344	$29.22	$10K
holding	Phantom Stock Unit	--	--	--

Holdings After Transaction: Common Stock $0.01 Par Value — 46,915 shares (Direct, null); Phantom Stock Unit — 52,445.568 shares (Direct, null)

Footnotes (1)

Dividend equivalent units, which vest on the first anniversary of the grant of the restricted stock units to which they relate, are payable solely in shares of common stock upon vesting (subject to deferral if so elected by the Insider). Fully vested dividend equivalents received on restricted stock units payable solely in shares of common stock following the date the Insider ceases serving as a director. Stock units are 100% vested at the time of the acquisition. Phantom stock units will remain in the Director's Deferred Compensation Plan until such account balance is distributed pursuant to Insider's distribution elections(s) on file.

Key Figures

Common stock award 1: 344 shares at $29.22 Common stock award 2: 38 shares at $29.22 Direct common shares after transaction: 47,259 shares +2 more

5 metrics

Common stock award 1 344 shares at $29.22 Non-derivative grant on 2026-06-15

Common stock award 2 38 shares at $29.22 Non-derivative grant on 2026-06-15

Direct common shares after transaction 47,259 shares Holdings following 2026-06-15 awards

Phantom stock units underlying shares 52,445.568 shares Underlying common stock for phantom units

Phantom unit exercise price $0.0000 Exercise price for phantom stock units

Key Terms

Phantom Stock Unit, Dividend equivalent units, Restricted stock units, Director's Deferred Compensation Plan, +1 more

5 terms

Phantom Stock Unit financial

"security_title: "Phantom Stock Unit" and derivativeSummary listing"

Dividend equivalent units financial

"Dividend equivalent units, which vest on the first anniversary of the grant"

Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.

Restricted stock units financial

"grant of the restricted stock units to which they relate"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Director's Deferred Compensation Plan financial

"Phantom stock units will remain in the Director's Deferred Compensation Plan"

Fully vested dividend equivalents financial

"Fully vested dividend equivalents received on restricted stock units"

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Form 4 Insider Transactions: What Each Field Means →

06/17/2026 - 12:39 PM

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nettles Cory L

(Last)

(First)

(Middle)

ASSOCIATED BANC-CORP

433 MAIN STREET

(Street)

GREEN BAY

WISCONSIN

54301

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock $0.01 Par Value	06/15/2026		A⁽¹⁾		38	A	$29.22	46,915	D
Common Stock $0.01 Par Value	06/15/2026		A⁽²⁾		344	A	$29.22	47,259	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Unit	$0							⁽³⁾	⁽⁴⁾	Common Stock $0.01 Par Value	52,445.568		52,445.568	D

Explanation of Responses:

1. Dividend equivalent units, which vest on the first anniversary of the grant of the restricted stock units to which they relate, are payable solely in shares of common stock upon vesting (subject to deferral if so elected by the Insider).

2. Fully vested dividend equivalents received on restricted stock units payable solely in shares of common stock following the date the Insider ceases serving as a director.

3. Stock units are 100% vested at the time of the acquisition.

4. Phantom stock units will remain in the Director's Deferred Compensation Plan until such account balance is distributed pursuant to Insider's distribution elections(s) on file.

	/s/ Lynn M. Floeter, attorney-in-fact for Cory L. Nettles	06/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did ASB director Cory L. Nettles report in this Form 4?

Cory L. Nettles reported equity awards and related holdings. He received 382 Associated Banc-Corp common shares as compensation and disclosed phantom stock units tied to 52,445.568 underlying common shares, reflecting deferred, share-settled director compensation.

How many ASB shares did Cory L. Nettles acquire and at what price?

He acquired 382 shares of Associated Banc-Corp common stock. The awards were priced at $29.22 per share, reflecting compensation grants rather than open-market purchases, and were recorded on 2026-06-15 as non-derivative acquisitions.

What are the phantom stock units reported for ASB director Cory L. Nettles?

The phantom stock units are deferred compensation awards tied to 52,445.568 underlying ASB common shares. They are fully vested dividend-equivalent or stock units payable solely in shares of common stock according to the director’s distribution and vesting elections.

Do the ASB phantom stock units for Cory L. Nettles pay out in cash or stock?

The phantom stock units are payable solely in shares of Associated Banc-Corp common stock. Footnotes state dividend equivalent units and stock units settle in common stock, often upon vesting or after the director ceases service, based on elections on file.

Are Cory L. Nettles’s ASB phantom stock units currently vested?

Footnotes indicate certain stock units are 100% vested at acquisition and that fully vested dividend equivalents are held in a deferred compensation plan. These units remain deferred and will be distributed in ASB common shares under his distribution elections.