Associated Banc-Corp Insider Form 4: 5.9k Shares Withheld by CFO Meyer
Rhea-AI Filing Summary
Associated Banc-Corp (ASB) – Form 4: EVP & CFO Derek S. Meyer reported an automatic insider transaction dated 08/04/2025. Exactly 5,883 common shares were withheld at $24.09 (transaction code F) to cover tax due on the third tranche vesting of a sign-on-bonus restricted-stock grant. No shares were sold into the market and no cash was received by the executive.
After the withholding, Meyer directly owns 51,161.379 ASB shares. The filing, signed 08/05/2025 by attorney-in-fact Lynn M. Floeter, represents a routine tax-settlement mechanism rather than an investment decision, leaving the executive’s underlying economic exposure largely unchanged and carrying minimal market impact.
Positive
- None.
Negative
- None.
Insights
TL;DR – Routine tax withholding; neutral for valuation.
Code F indicates shares automatically surrendered for payroll taxes on restricted-stock vesting. Because Meyer still retains over 51k shares and received no sale proceeds, the move neither signals bullish nor bearish sentiment. Dollar value (~$142k) is immaterial versus ASB’s $3 bn market cap. I view the event as bookkeeping with no forecast or valuation implications.
TL;DR – Compliance-driven filing; no governance red flags.
The timely Form 4 shows proper Section 16 compliance. Automated tax settlements are standard practice and do not raise insider-trading concerns. Continued sizable ownership supports alignment with shareholders. Impact on governance risk profile: negligible.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock $0.01 Par Value | 5,883 | $24.09 | $142K |
Footnotes (1)
- F1. Shares were surrendered to satisfy tax withholding obligations arising from the vesting of restricted stock - 3rd tranche vesting of Sign-on Bonus.
AI-generated analysis. How Rhea-AI works. Not financial advice.