Associated Banc EVP surrenders shares for taxes
ASSOCIATED BANC-CORP executive Julio Manso reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
ASSOCIATED BANC-CORP executive Julio Manso reported a routine tax-related share disposition. On the vesting of a restricted stock sign-on bonus tranche, he surrendered 1,335 shares of common stock at a value of $27.59 per share to satisfy tax withholding obligations.
After this non-market transaction, he directly holds 14,854.128 shares of Associated Banc-Corp common stock. The filing reflects compensation-related share withholding rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock $0.01 Par Value | 1,335 | $27.59 | $37K |
Footnotes (1)
- F1. Shares were surrendered to satisfy tax withholding obligations arising from the vesting of restricted stock - 1st tranche vesting of Sign-on Bonus.
Key Figures
Key Terms
restricted stock financial
tax withholding obligations financial
Sign-on Bonus financial
EVP, CHRO financial
FAQ
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What did Associated Banc-Corp EVP Julio Manso report in this Form 4 for ASB?
Was Julio Manso’s ASB Form 4 transaction an open-market sale or purchase?
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