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.

Insights

Financial Analyst

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.

Corporate Governance Expert

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.

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
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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^*

Meyer Derek S.

(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)
	EVP, Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

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	08/04/2025		F(1)		5,883	D	$24.09	51,161.379	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 vesting of restricted stock - 3rd tranche vesting of Sign-on Bonus.

	/s/ Lynn M. Floeter, attorney-in-fact for Derek S. Meyer	08/05/2025
	** 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 triggered the 5,883-share transaction disclosed by ASB's CFO?

The shares were surrendered to cover tax withholding on the vesting of a restricted-stock award.

What does transaction code "F" mean on the ASB Form 4?

Code F denotes shares withheld for taxes rather than an open-market buy or sell.

How many ASB shares does CFO Derek S. Meyer now own?

He beneficially owns 51,161.379 common shares after the transaction.

Is the CFO selling ASB shares on the open market?

No. The filing shows automatic tax withholding; no market sale occurred.

When was the Form 4 filed and who signed it?

It was filed on 08/05/2025 and signed by attorney-in-fact Lynn M. Floeter on behalf of Derek S. Meyer.