ASSOCIATED BANC-CORP (ASB) EVP boosts stake through employee stock purchase

Rhea-AI Filing Summary

ASSOCIATED BANC-CORP executive Nicole M. Kitowski increased her shareholdings through the company’s employee stock plan. On March 16, 2026, she acquired 30.3138 shares of common stock at $24.9180 per share through the Issuer's Employee Stock Purchase Plan, a routine, plan-based transaction rather than an open-market trade.

After this transaction, she directly owns 52,884.5695 shares of common stock. She also has indirect ownership of 3,216.8700 shares held in a 401(k) Plan, reflecting retirement-related holdings separate from her direct position.

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

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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^*

Kitowski Nicole M

(Last) (First) (Middle)

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)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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	03/16/2026		J(1)	V	30.3138	A	$24.918	52,884.5695	D
Common Stock $0.01 Par Value								3,216.87	I	401(k) Plan

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 purchased within the Issuer's Employee Stock Purchase Plan.

	/s/ Lynn M. Floeter, attorney-in-fact for Nicole M. Kitowski	03/17/2026
	** 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 Nicole Kitowski report on this Form 4?

Nicole M. Kitowski reported acquiring 30.3138 shares of ASSOCIATED BANC-CORP common stock. The shares were purchased through the company’s Employee Stock Purchase Plan on March 16, 2026, reflecting a routine, plan-based increase in her equity ownership rather than an open-market trade.

At what price were the ASB shares acquired by Nicole Kitowski under the Employee Stock Purchase Plan?

The ASB shares were acquired at a price of $24.9180 per share. This price applies specifically to the 30.3138 shares purchased on March 16, 2026, within ASSOCIATED BANC-CORP’s Employee Stock Purchase Plan as disclosed in the Form 4 filing.

How many ASB shares does Nicole Kitowski directly own after this reported transaction?

After the reported transaction, Nicole M. Kitowski directly owns 52,884.5695 shares of ASSOCIATED BANC-CORP common stock. This total reflects her direct holdings following the March 16, 2026 Employee Stock Purchase Plan purchase of 30.3138 additional shares.

What additional ASB shares does Nicole Kitowski hold indirectly through retirement plans?

In addition to her direct holdings, Nicole M. Kitowski has indirect ownership of 3,216.8700 ASB shares. These shares are held in a 401(k) Plan, as indicated by the indirect ownership entry in the Form 4 filing for ASSOCIATED BANC-CORP.

Does the Form 4 for ASB show open-market buying or selling by Nicole Kitowski?

The Form 4 does not show open-market buying or selling by Nicole M. Kitowski. Instead, it reports a purchase of 30.3138 shares through ASSOCIATED BANC-CORP’s Employee Stock Purchase Plan, which is a routine, plan-driven acquisition rather than a discretionary market trade.