Associated Banc-Corp (ASB) CFO receives 127 dividend equivalent stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meyer Derek S. reported acquisition or exercise transactions in this Form 4 filing.
ASSOCIATED BANC-CORP EVP and CFO Derek S. Meyer received an award of 127 common shares-equivalent units as compensation. The units were credited on June 15, 2026 at a reference price of $29.22 per share and relate to dividend equivalents on vested performance shares under the long-term incentive plan.
The filing notes that a portion of these dividend equivalent units has been deferred and will remain in the Executive's Deferred Compensation Plan until distributed according to Meyer's elections. Following this award, he beneficially owns a total of 71,662.379 common shares directly, making this a routine, incremental increase in his equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Meyer Derek S.
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock $0.01 Par Value | 127 | $29.22 | $4K |
Holdings After Transaction:
Common Stock $0.01 Par Value — 71,662.379 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares awarded: 127 shares
Reference price per share: $29.22 per share
Total shares after transaction: 71,662.379 shares
3 metrics
Shares awarded
127 shares
Dividend equivalent units granted on June 15, 2026
Reference price per share
$29.22 per share
Value used to report the award
Total shares after transaction
71,662.379 shares
Direct holdings following the award
Key Terms
Dividend equivalent units, performance shares (LTIP), Executive's Deferred Compensation Plan, distribution election
4 terms
Dividend equivalent units financial
"Dividend equivalent units earned on vested performance shares (LTIP), a portion of which the reporting person has elected to defer"
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.
Executive's Deferred Compensation Plan financial
"which will remain in the Executive's Deferred Compensation Plan until distributed pursuant"
distribution election financial
"until distributed pursuant to the reporting person's distribution election on file"
FAQ
What insider transaction did ASSOCIATED BANC-CORP (ASB) report for Derek S. Meyer?
ASSOCIATED BANC-CORP reported that EVP and CFO Derek S. Meyer received 127 common stock equivalent units as a compensation-related award. These units arise from dividend equivalents on vested performance shares under the company’s long-term incentive plan rather than an open-market stock purchase.
Was the ASB insider transaction for Derek S. Meyer a market buy or a compensation award?
The transaction was a grant or award, not a market purchase. Meyer received 127 dividend equivalent units tied to vested performance shares, credited at $29.22 per share, as part of the company’s incentive and deferred compensation structure, rather than buying shares in the open market.
What are the 127 dividend equivalent units reported for ASB’s Derek S. Meyer?
The 127 units are dividend equivalent units earned on vested performance shares under ASB’s long-term incentive plan. A portion has been deferred into the Executive’s Deferred Compensation Plan and will be distributed in cash or stock later, based on Meyer’s distribution election on file.
How was the value of Derek S. Meyer’s ASB award calculated in the Form 4?
The 127 dividend equivalent units were credited at a reference price of $29.22 per share. This price is used solely for Form 4 reporting, reflecting the value of dividend equivalents on vested performance shares, and does not indicate an open-market transaction or share purchase by Meyer.
Does Derek S. Meyer’s ASB Form 4 involve deferred compensation?
Yes. The footnote explains that a portion of the dividend equivalent units has been deferred into the Executive’s Deferred Compensation Plan. These deferred units will remain there until paid out in line with Meyer’s existing distribution election, adding to his long-term incentive-based compensation.