Associated Banc-Corp (NYSE: ASB) EVP sells 44,465 shares after option exercise
Rhea-AI Filing Summary
ASSOCIATED BANC-CORP Executive Vice President John A. Utz exercised non-qualified stock options for 24,465 shares of common stock at an exercise price of $25.20 per share on August 4, 2026, then sold 44,465 common shares at a weighted average price of $31.725, with individual trades between $31.685 and $31.905. A 401(k) plan now holds 15,864.57 shares for him indirectly. The options originally vested in four equal annual installments beginning February 8, 2018, and the transactions were not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Utz John A.
Role
Executive Vice President
Sold
44,465 shs ($1.41M)
Approx. gross sale proceeds
$1.41M
Approx. exercise cost
$617K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option (Right to Buy) F2 | 24,465 | $0.00 | $0.00 |
| Exercise | Common Stock $0.01 Par Value | 24,465 | $25.20 | $617K |
| Sale | Common Stock $0.01 Par Value F1 | 44,465 | $31.725 | $1.41M |
| holding | Common Stock $0.01 Par Value | -- | -- | -- |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock $0.01 Par Value — 98,687.1674 shares (Direct);
Common Stock $0.01 Par Value — 15,864.57 shares (Indirect, 401(k) Plan)
Footnotes (2)
- F1. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.685 to $31.905, inclusive. The reporting person undertakes to provide to Associated Banc-Corp, any security holders of Associated Banc-Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes above.
- F2. Option vests in four equal annual installments beginning on February 8, 2018.
Key Figures
Options exercised: 24,465 shares
Option exercise price: $25.20 per share
Shares sold: 44,465 shares
+3 more
6 metrics
Options exercised
24,465 shares
Non-qualified stock options for common stock exercised on 2026-08-04
Option exercise price
$25.20 per share
Exercise price of non-qualified stock option converted into 24,465 shares
Shares sold
44,465 shares
Common stock sale reported on 2026-08-04 following option exercise
Weighted average sale price
$31.725 per share
Weighted average price; trades ranged from $31.685 to $31.905
401(k) plan holdings
15,864.57 shares
Indirect ownership of Associated Banc-Corp common stock via 401(k) plan
Option expiration date
February 6, 2027
Expiration of the non-qualified stock option that was exercised
Key Terms
Non-qualified Stock Option (Right to Buy), weighted average price, 401(k) Plan, vests in four equal annual installments
4 terms
Non-qualified Stock Option (Right to Buy) financial
"Security title listed as Non-qualified Stock Option (Right to Buy)"
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
401(k) Plan financial
"Indirect ownership nature is shown as 401(k) Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
vests in four equal annual installments financial
"Option vests in four equal annual installments beginning on February 8, 2018."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Associated Banc-Corp (ASB) EVP John A. Utz report?
Executive Vice President John A. Utz exercised 24,465 stock options and then sold 44,465 common shares of Associated Banc-Corp on August 4, 2026. The sale followed the option exercise and involved open-market style transactions at multiple prices within a stated range.
What stock options did John A. Utz exercise in the Associated Banc-Corp (ASB) filing?
He exercised 24,465 non-qualified stock options for Associated Banc-Corp common stock at an exercise price of $25.20 per share. A footnote explains the option vested in four equal annual installments beginning on February 8, 2018, and was set to expire February 6, 2027.
Were John A. Utz’s Associated Banc-Corp (ASB) trades under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not marked, meaning these transactions were not reported as made under a Rule 10b5-1 trading plan. The filing does not describe any pre-arranged trading agreement governing this specific activity.
What is the overall direction of John A. Utz’s Associated Banc-Corp (ASB) trading in this Form 4?
This Form 4 reflects a net sale position. Utz exercised options for 24,465 shares but reported selling 44,465 shares of common stock the same day, resulting in a net reduction of directly traded shares in this filing’s transactions.