Associated Banc-Corp director granted stock units
ASB director Wende L. Kotouc reported a small dividend-equivalent stock award and large indirect family and trust share holdings.
Rhea-AI Filing Summary
ASSOCIATED BANC-CORP (symbol: ASB) is the issuer of record for a Form 4 filing submitted to the SEC. Kotouc Wende L reported acquisition or exercise transactions in this Form 4 filing.
ASSOCIATED BANC-CORP (ASB) director Wende L. Kotouc received a compensation-related award of 28 dividend equivalent units of common stock on September 15, 2026, at a reference price of $30.32 per share. These units relate to restricted stock units, vest on the first anniversary of the underlying grant, and are payable solely in common shares upon vesting, subject to any deferral election. The filing also reports indirect holdings of 4,993,039 shares through a spouse, 616 shares for a child, and 3,328,692 shares held in a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 28 shares
Grant/Award
5 txns
Insider
Kotouc Wende L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock $0.01 Par Value F1 | 28 | $30.32 | $848.96 |
| holding | Common Stock $0.01 Par Value | -- | -- | -- |
| holding | Common Stock $0.01 Par Value | -- | -- | -- |
| holding | Common Stock $0.01 Par Value | -- | -- | -- |
| holding | Common Stock $0.01 Par Value | -- | -- | -- |
Holdings After Transaction:
Common Stock $0.01 Par Value — 1,776,771 shares (Direct);
Common Stock $0.01 Par Value — 4,993,039 shares (Indirect, Spouse);
Common Stock $0.01 Par Value — 616 shares (Indirect, Child);
Common Stock $0.01 Par Value — 3,328,692 shares (Indirect, Trust)
Footnotes (1)
- F1. Dividend equivalent units, which vest on the first anniversary of the grant of the restricted stock units to which they relate, are payable solely in shares of common stock upon vesting (subject to deferral if so elected by the Insider).
Key Figures
Dividend equivalent units granted: 28 shares
Reference price per share: $30.32 per share
Indirect spouse holdings: 4,993,039 shares
+3 more
6 metrics
Dividend equivalent units granted
28 shares
Compensation-related award on September 15, 2026
Reference price per share
$30.32 per share
Value used for the September 15, 2026 grant of dividend equivalent units
Indirect spouse holdings
4,993,039 shares
Common stock held indirectly through spouse after the reported date
Indirect child holdings
616 shares
Common stock held indirectly for a child after the reported date
Indirect trust holdings
3,328,692 shares
Common stock held indirectly through a trust after the reported date
Vesting period
1 year
Dividend equivalent units vest on the first anniversary of the related RSU grant
Key Terms
Dividend equivalent units, restricted stock units, deferral, indirect ownership
4 terms
Dividend equivalent units financial
"Dividend equivalent units, which vest on the first anniversary of the grant"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
restricted stock units financial
"the grant of the restricted stock units to which they relate"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferral financial
"subject to deferral if so elected by the Insider"
indirect ownership financial
"total shares following transaction reported as indirect through spouse, child, trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did ASB director Wende L. Kotouc report on this Form 4?
The director reported a grant of 28 dividend equivalent units of Associated Banc-Corp common stock on September 15, 2026, as a compensation-related award tied to existing restricted stock units and payable in shares upon vesting.
At what price were the ASB dividend equivalent units referenced in the Form 4?
The 28 dividend equivalent units were reported with a reference value of $30.32 per share for Associated Banc-Corp common stock, consistent with a grant, award, or other acquisition rather than an open-market purchase.
How and when do Wende L. Kotouc’s ASB dividend equivalent units vest?
The dividend equivalent units vest on the first anniversary of the grant of the related restricted stock units and are payable solely in common shares upon vesting, subject to deferral if elected by the insider.
What indirect ASB holdings did Wende L. Kotouc report for a child and a trust?
The filing shows 616 shares of Associated Banc-Corp common stock held indirectly for a child and 3,328,692 shares held indirectly through a trust, in addition to the dividend equivalent units granted.
Was the ASB Form 4 transaction made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, and the grant is described as a compensation-related award, not a trade under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
