ASB director receives stock awards in Form 4
ASSOCIATED BANC-CORP director Karen Van Lith reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
ASSOCIATED BANC-CORP director Karen Van Lith reported routine equity compensation activity. On June 15, 2026, she acquired 355 shares and 38 shares of common stock as grant or award transactions at $29.22 per share, bringing her direct common stock holdings to 61,211 shares.
She also holds 28,618.169 phantom stock units tied to Associated Banc-Corp common stock. Footnotes explain that related dividend equivalent units and stock units are fully vested and are payable solely in shares of common stock upon vesting or distribution under a nonqualified benefit plan.
Insider Trade Summary
Grant/Award: 393 shares
Grant/Award
4 txns
Insider
VAN LITH KAREN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock $0.01 Par Value | 38 | $29.22 | $1K |
| Grant/Award | Common Stock $0.01 Par Value | 355 | $29.22 | $10K |
| holding | Phantom Stock Unit | -- | -- | -- |
| holding | Common Stock $0.01 Par Value | -- | -- | -- |
Holdings After Transaction:
Common Stock $0.01 Par Value — 61,211 shares (Direct);
Phantom Stock Unit — 28,618.169 contracts (Direct);
Common Stock $0.01 Par Value — 0 shares (Indirect, IRA)
Footnotes (4)
- 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).
- F2. 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.
- F3. Stock units are 100% vested at the time of acquisition.
- F4. Phantom stock units will remain in Insider's nonqualified benefit plan until such plan account balance is distributed pursuant to Insider's distribution election(s) on file.
Key Figures
Stock award 1: 355 shares at $29.22
Stock award 2: 38 shares at $29.22
Direct common shares: 61,211 shares
+3 more
6 metrics
Stock award 1
355 shares at $29.22
Common stock grant on June 15, 2026
Stock award 2
38 shares at $29.22
Additional common stock grant on June 15, 2026
Direct common shares
61,211 shares
Direct holdings after transactions
Phantom stock units
28,618.169 units
Units linked to common stock, fully vested structure
IRA holdings after transaction
0 shares
Indirect IRA position following June 15, 2026 entry
Exercise price of phantom units
$0.0000
Phantom stock unit structure
Key Terms
Phantom Stock Unit, dividend equivalent units, restricted stock units, nonqualified benefit plan, +1 more
5 terms
Phantom Stock Unit financial
"security_title: "Phantom Stock Unit" with underlying common stock $0.01 par value"
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
"grant of the restricted stock units to which they relate, are payable solely in shares"
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.
nonqualified benefit plan financial
"Phantom stock units will remain in Insider's nonqualified benefit plan until distributed"
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Karen Van Lith report for ASSOCIATED BANC-CORP (ASB)?
Karen Van Lith reported equity awards, not open-market trades. She received 355 shares and 38 shares of Associated Banc-Corp common stock as grant or award acquisitions at $29.22 per share, increasing her direct share ownership reported in this filing.
Were the ASSOCIATED BANC-CORP (ASB) transactions open-market buys or sells?
No, the reported ASSOCIATED BANC-CORP transactions were grant or award acquisitions coded as "A," not open-market buys or sells. The filing shows no purchases or sales; it records compensation-related stock awards that increased the director’s reported share position.
What are the phantom stock units reported for ASSOCIATED BANC-CORP (ASB)?
Karen Van Lith holds 28,618.169 phantom stock units, each linked to Associated Banc-Corp common stock. Footnotes state these units and related dividend equivalents are fully vested and payable solely in shares of common stock under a nonqualified benefit plan at distribution.
How are dividend equivalent units treated in this ASSOCIATED BANC-CORP (ASB) Form 4?
Dividend equivalent units vest on the first anniversary of the related restricted stock unit grants and are payable solely in shares of common stock upon vesting. Some fully vested dividend equivalents become payable after the director ceases serving on the board.
Does Karen Van Lith have indirect holdings of ASSOCIATED BANC-CORP (ASB) stock?
Yes. The Form 4 lists an indirect position held through an IRA, with zero shares reported following the transaction. This entry is categorized as a holding record, while her primary reported ownership consists of directly held common shares and phantom stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
