Director at Associated Banc-Corp (ASB) awarded 461 new shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VAN LITH KAREN reported acquisition or exercise transactions in this Form 4 filing.
ASSOCIATED BANC-CORP director Karen Van Lith reported new equity awards. On the reported date, she received two grants of common stock totaling 461 shares at a reference price of $24.59 per share as compensation awards. After these transactions, she directly holds 60,818 shares of Associated Banc-Corp common stock. Footnotes explain that related dividend equivalent units are payable solely in shares of common stock upon vesting or after she ceases serving as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
VAN LITH KAREN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock $0.01 Par Value | 44 | $24.59 | $1K |
| Grant/Award | Common Stock $0.01 Par Value | 417 | $24.59 | $10K |
Holdings After Transaction:
Common Stock $0.01 Par Value — 60,401 shares (Direct)
Footnotes (1)
- 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). Fully vested dividend equivalents received on restricted stock units payable solely in shares of common stock following the date the Insider ceases serving as a director.
FAQ
What did ASB director Karen Van Lith report in this Form 4 filing?
Karen Van Lith reported receiving stock-based compensation awards. She was granted 461 shares of Associated Banc-Corp common stock, reported at $24.59 per share, increasing her direct ownership stake as a company director.
Were these ASB transactions open-market purchases or sales?
These transactions are classified as grants or awards, not market trades. The Form 4 uses transaction code A, indicating stock awards or similar acquisitions, rather than open-market buying or selling activity.
What price is associated with Karen Van Lith’s ASB stock awards?
The reported reference price for the awards is $24.59 per share. Both grants of Associated Banc-Corp common stock use this per-share value in the Form 4 data for the awarded shares.
How do dividend equivalent units work in this ASB Form 4?
The footnotes describe dividend equivalent units tied to restricted stock units. These units vest on specified schedules and are payable solely in shares of Associated Banc-Corp common stock upon vesting or after the director’s board service ends.
Does this ASB Form 4 indicate any derivative securities for Karen Van Lith?
No derivative positions are listed in the derivative holdings summary. The Form 4 data here only reflects non-derivative common stock awards and the resulting direct share ownership after these compensation-related grants.