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Associated Banc (NYSE: ASB) EVP surrenders 564 shares for tax withholding

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

Rhea-AI Filing Summary

Associated Banc-Corp executive Julio Manso, EVP and Chief Human Resources Officer, reported a routine insider transaction. On February 8, 2026, he surrendered 564 shares of common stock at $29.37 per share to cover tax withholding on vested time-based restricted stock granted in 2025.

After this tax-related share surrender, Manso directly beneficially owns 16,098.7738 shares of Associated Banc-Corp common stock. The transaction did not represent an open-market sale, but rather shares withheld in connection with equity compensation vesting.

Positive

  • None.

Negative

  • None.
Insider Manso Julio
Role EVP, CHRO
Type Security Shares Price Value
Tax Withholding Common Stock $0.01 Par Value 564 $29.37 $17K
Holdings After Transaction: Common Stock $0.01 Par Value — 16,098.774 shares (Direct)
Footnotes (1)
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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*
Manso Julio

(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, CHRO
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) 564 D $29.37 16,098.7738 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 2025.
/s/ Lynn M. Floeter, by POA from Julio Manso 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 executive Julio Manso report?

ASB executive Julio Manso reported surrendering 564 common shares on February 8, 2026. The shares were withheld at $29.37 each to satisfy tax obligations from vesting restricted stock granted in 2025, as disclosed in a Form 4 insider filing.

Why were 564 Associated Banc-Corp (ASB) shares surrendered by the EVP, CHRO?

The 564 ASB shares were surrendered to cover tax withholding obligations tied to the vesting of time-based restricted stock granted in 2025. This is a common administrative step when equity awards vest and taxes are due, rather than an open-market sale.

How many Associated Banc-Corp shares does Julio Manso own after this Form 4?

After the reported transaction, Julio Manso beneficially owns 16,098.7738 shares of Associated Banc-Corp common stock. This figure reflects his direct holdings following the surrender of 564 shares to satisfy tax withholding on vested restricted stock.

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

Transaction code “F” indicates a tax-related transfer of securities, typically share surrender or withholding. In this ASB filing, the code shows 564 shares were surrendered to satisfy tax withholding from the vesting of time-based restricted stock granted in 2025.

Was the ASB EVP’s 564-share transaction an open-market sale?

No, the 564-share event was not an open-market sale. The filing states the shares were surrendered to satisfy tax withholding obligations arising from the vesting of time-based restricted stock that had been granted to the executive in 2025.