STOCK TITAN

Associated Banc (NYSE: ASB) EVP nets stock from 2026 LTIP vesting

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

Rhea-AI Filing Summary

ASSOCIATED BANC-CORP executive Dennis DeLoye reported equity compensation activity tied to long-term incentives. On March 9, 2026, he acquired 7,447 shares of common stock through vested Performance Shares (LTIP) that were originally granted in 2023 and subject to 3-year cliff vesting in 2026.

To cover tax withholding obligations from this vesting, 2,384 shares were withheld, a non-market disposition. After these transactions, DeLoye directly holds 26,385.3 shares of Associated Banc-Corp common stock. The filing reflects routine compensation-related vesting rather than open-market buying or selling.

Positive

  • None.

Negative

  • None.
Insider DeLoye Dennis
Role Executive Vice President
Type Security Shares Price Value
Grant/Award Common Stock $0.01 Par Value 7,447 $25.08 $187K
Tax Withholding Common Stock $0.01 Par Value 2,384 $25.08 $60K
Holdings After Transaction: Common Stock $0.01 Par Value — 28,769.3 shares (Direct)
Footnotes (1)
  1. Represents vested Performance Shares (LTIP) granted in 2023 and subject to 3-year cliff vesting in 2026. Shares were withheld to satisfy tax withholding obligations arising from vesting of Performance Shares (LTIP) in 2026.
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*
DeLoye Dennis

(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)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
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 03/09/2026 A(1) 7,447 A $25.08 28,769.3 D
Common Stock $0.01 Par Value 03/09/2026 F(2) 2,384 D $25.08 26,385.3 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. Represents vested Performance Shares (LTIP) granted in 2023 and subject to 3-year cliff vesting in 2026.
2. Shares were withheld to satisfy tax withholding obligations arising from vesting of Performance Shares (LTIP) in 2026.
/s/ Lynn M. Floeter, attorney-in-fact for Dennis DeLoye 03/11/2026
** 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 Dennis DeLoye report?

Dennis DeLoye reported the vesting of Performance Shares under a long-term incentive plan, acquiring 7,447 Associated Banc-Corp common shares. A portion was simultaneously withheld to satisfy tax obligations arising from this compensation-related vesting event.

How many ASB shares did Dennis DeLoye receive and how many were withheld for taxes?

DeLoye received 7,447 Associated Banc-Corp common shares from vested Performance Shares. Of these, 2,384 shares were withheld to cover tax withholding obligations, leaving him with a net increase in directly held shares as part of routine equity compensation.

What is Dennis DeLoye’s ASB shareholding after this Form 4 filing?

Following the vesting and tax withholding, Dennis DeLoye directly holds 26,385.3 Associated Banc-Corp common shares. This figure reflects his position after both the acquisition of vested Performance Shares and the share withholding to satisfy related tax liabilities.

Was the ASB insider transaction an open-market buy or sell?

The activity was not an open-market buy or sell. It reflects an award of Performance Shares under a long-term incentive plan and shares withheld to pay taxes. The Form 4 shows compensation-related entries, not discretionary trading in the open market.

What are the terms of the Associated Banc-Corp Performance Shares reported by DeLoye?

The Performance Shares were granted in 2023 under a long-term incentive plan and were subject to 3-year cliff vesting in 2026. Upon vesting, DeLoye received common shares, with some withheld to satisfy tax withholding obligations tied to the award.