Associated Banc-Corp CFO gets 51-share award
ASSOCIATED BANC-CORP Executive Vice President and Chief Financial Officer Derek S. Meyer reported a compensation-related stock acquisition.
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Rhea-AI Filing Summary
ASSOCIATED BANC-CORP Executive Vice President and Chief Financial Officer Derek S. Meyer reported a compensation-related stock acquisition. He received an award of 51 shares of common stock at a reference price of $24.59 per share, coded as a grant or award rather than an open-market purchase.
According to the footnote, these are dividend equivalent units earned on vested shares, which he elected to defer into the Executive's Deferred Compensation Plan. Following this award, his directly held common stock position reported in this filing increased to 71,535.379 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock $0.01 Par Value | 51 | $24.59 | $1K |
Footnotes (1)
- F1. Dividend equivalent units earned on vested shares, a portion of which the reporting person has elected to defer upon vesting, and which will remain in the Executive's Deferred Compensation Plan until distributed pursuant to the reporting person's distribution election on file.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ASSOCIATED BANC-CORP (ASB) report for its CFO?
What are dividend equivalent units in the ASSOCIATED BANC-CORP CFO’s Form 4?
Was the ASSOCIATED BANC-CORP CFO’s Form 4 transaction an open-market stock purchase?
How does this ASSOCIATED BANC-CORP Form 4 classify the CFO’s ownership type?
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