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Associated Banc-Corp (ASB) CIO surrenders 1,129 shares to cover tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Associated Banc-Corp Chief Information Officer reports tax-share surrender. On February 8, 2026, Chief Information Officer Terry Lynn Williams surrendered 1,129 shares of Associated Banc-Corp common stock at $29.37 per share to cover tax withholding obligations from vesting of restricted stock granted in 2023, 2024 and 2025. After this transaction, Williams directly beneficially owned 15,609.2762 shares of Associated Banc-Corp common stock.

Positive

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Negative

  • None.
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*
Williams Terry Lynn

(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)
Chief Information Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/08/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 02/08/2026 F(1) 1,129 D $29.37 15,609.2762 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
Explanation of Responses:
1. Shares were surrendered to satisfy tax withholding obligations arising from the tranche vesting of time-based restricted stock granted in 2023, 2024 & 2025.
/s/ Lynn M. Floeter, attorney-in-fact for Terry Lynn Williams 02/10/2026
** 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.

FAQ

What insider transaction did ASB Chief Information Officer Terry Lynn Williams report?

Terry Lynn Williams reported surrendering 1,129 shares of Associated Banc-Corp common stock. The shares were used to satisfy tax withholding obligations triggered by the vesting of time-based restricted stock granted in 2023, 2024 and 2025, rather than being an open-market sale.

At what price were Terry Lynn Williams’ ASB shares surrendered for taxes?

The 1,129 Associated Banc-Corp common shares were surrendered at a price of $29.37 per share. This price is used to calculate the value of shares withheld to cover tax obligations from the vesting of previously granted time-based restricted stock awards.

How many ASB shares does Terry Lynn Williams own after this Form 4 transaction?

Following the reported transaction, Terry Lynn Williams beneficially owned 15,609.2762 shares of Associated Banc-Corp common stock. These shares are reported as directly owned, reflecting her holdings after surrendering shares to satisfy tax withholding obligations tied to restricted stock vesting.

What does transaction code "F" mean in Terry Lynn Williams’ ASB Form 4?

Transaction code “F” indicates shares were surrendered to pay tax withholding on equity awards, not a typical market trade. In this case, 1,129 Associated Banc-Corp shares were withheld in connection with the vesting of time-based restricted stock granted in 2023, 2024 and 2025.

Is Terry Lynn Williams a major shareholder or officer at Associated Banc-Corp (ASB)?

Terry Lynn Williams is reported as an officer of Associated Banc-Corp, serving as Chief Information Officer. The Form 4 indicates she is not a director or 10% owner, but she does hold directly owned common shares following equity award vesting activity.

What triggered the tax withholding share surrender reported by ASB’s CIO?

The surrender of 1,129 shares was triggered by tranche vesting of time-based restricted stock granted in 2023, 2024 and 2025. When these restricted stock awards vested, Associated Banc-Corp withheld shares at $29.37 per share to cover the resulting tax obligations.
Associated Banc Corp

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