ASB (ASB) CIO adds 83 shares through Employee Stock Purchase Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ASSOCIATED BANC-CORP Chief Information Officer Terry Lynn Williams made a small routine share purchase through the company’s Employee Stock Purchase Plan. The transaction involved 83.3885 shares of common stock at a price of $27.4930 per share. Following this plan-based purchase, Williams directly holds 24,028.0877 shares of Associated Banc-Corp common stock, indicating that the transaction is minor relative to her overall position and appears to be a standard employee ownership activity rather than a significant directional trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams Terry Lynn
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock $0.01 Par Value | 83.389 | $27.493 | $2K |
Holdings After Transaction:
Common Stock $0.01 Par Value — 24,028.088 shares (Direct)
Footnotes (1)
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Key Figures
Shares acquired: 83.3885 shares
Purchase price: $27.4930 per share
Holdings after transaction: 24,028.0877 shares
3 metrics
Shares acquired
83.3885 shares
Purchased through Employee Stock Purchase Plan
Purchase price
$27.4930 per share
Price for Employee Stock Purchase Plan acquisition
Holdings after transaction
24,028.0877 shares
Direct ownership after Form 4 transaction
Key Terms
Employee Stock Purchase Plan, Common Stock $0.01 Par Value, Form 4
3 terms
Employee Stock Purchase Plan financial
"Shares were purchased within the Issuer's Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Common Stock $0.01 Par Value financial
"security_title: Common Stock $0.01 Par Value"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ASB executive Terry Lynn Williams report?
Terry Lynn Williams reported a small routine purchase of Associated Banc-Corp common stock. She acquired 83.3885 shares through the company’s Employee Stock Purchase Plan at $27.4930 per share, reflecting normal employee participation rather than a large discretionary market trade.
What are Terry Lynn Williams’ total ASB holdings after this Form 4 transaction?
After the reported transaction, Terry Lynn Williams directly holds 24,028.0877 shares of Associated Banc-Corp common stock. This shows the 83.3885-share Employee Stock Purchase Plan purchase was small relative to her overall position, suggesting a routine increase in existing ownership.
What does participation in ASB’s Employee Stock Purchase Plan imply for investors?
Participation in Associated Banc-Corp’s Employee Stock Purchase Plan shows employees, including executives, are accumulating shares through a structured program. This specific filing highlights a small, routine purchase by the Chief Information Officer, rather than a large, thesis-changing insider trade.