ASB (NYSE: ASB) CFO Derek Meyer logs stock awards and tax share withholding

Rhea-AI Filing Summary

ASSOCIATED BANC-CORP EVP and CFO Derek S. Meyer received multiple stock-based awards of common stock on March 9, 2026, all recorded at $25.08 per share. The awards reflect vested performance shares from a 2023 long-term incentive plan, including amounts the executive elected to defer.

A portion of the vested shares, totaling 4,320, was withheld to cover tax obligations rather than sold in the market. After these compensation-related grants, deferrals, and tax withholdings, Meyer holds 71,484.379 shares of common stock directly.

Insights

Equity compensation analyst

Routine stock-based compensation and tax withholding for ASB CFO.

Derek S. Meyer, EVP and CFO of ASSOCIATED BANC-CORP, recorded several stock acquisitions on March 9, 2026 from previously granted performance share awards at $25.08 per share. These are compensation-related entries, not open-market purchases.

The filing notes that some vested performance shares and related dividend equivalents were deferred into an executive deferred compensation plan, to be distributed later under Meyer’s prior elections. This keeps economic exposure while shifting settlement timing.

Separately, 4,320 shares were withheld to satisfy tax obligations tied to the vesting of performance shares. This F-code disposition is a standard non-market mechanism and does not indicate discretionary selling. Following these adjustments, Meyer directly holds 71,484.379 common shares.

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^*

Meyer Derek S.

(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)
	EVP, Chief Financial Officer

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)		9,190	A	$25.08	65,548.379	D
Common Stock $0.01 Par Value	03/09/2026		A(2)		9,190	A	$25.08	74,738.379	D
Common Stock $0.01 Par Value	03/09/2026		F(3)		4,320	D	$25.08	70,418.379	D
Common Stock $0.01 Par Value	03/09/2026		A(4)		1,066	A	$25.08	71,484.379	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. Represents vested Performance Shares (LTIP) granted in 2023 and subject to 3-year cliff vesting in 2026, a portion of which the reporting person has elected to defer upon vesting, and which will remain in the Executive's Deferred Compensation Plan until distributed pursuant to the reporting person's distribution election on file.

3. Shares were withheld to satisfy tax withholding obligations arising from vesting of Performance Shares (LTIP) in 2026.

4. Dividend equivalent units earned on vested performance shares (LTIP), a portion of which the reporting person has elected to defer upon vesting, and which will remain in the Executive's Deferred Compensation Plan until distributed pursuant to the reporting person's distribution election on file.

	/s/ Lynn M. Floeter, attorney-in-fact for Derek S. Meyer	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).
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FAQ

What did ASB EVP and CFO Derek Meyer report in this Form 4?

Derek Meyer reported stock-based compensation transactions involving vested performance share awards in ASSOCIATED BANC-CORP common stock. The entries show multiple share acquisitions at $25.08 per share and related tax-withholding and deferral activity, rather than any open-market buying or selling of ASB shares.

How many ASSOCIATED BANC-CORP (ASB) shares does Derek Meyer hold after these transactions?

After the reported transactions, Derek Meyer directly holds 71,484.379 shares of ASSOCIATED BANC-CORP common stock. This figure reflects the combined effect of vested performance share awards, deferred amounts into the executive deferred compensation plan, and shares withheld to satisfy tax obligations on the vesting.

Were any of Derek Meyer’s ASB transactions open-market purchases or sales?

No, the reported transactions are compensation-related and tax-withholding entries, not open-market trades. Code A entries reflect grants or acquisitions of vested performance shares, while the F-code entry represents shares withheld to pay taxes arising from vesting of long-term incentive performance shares in 2026.

Why were 4,320 ASB shares withheld in Derek Meyer’s Form 4 filing?

The 4,320 ASSOCIATED BANC-CORP shares were withheld to satisfy tax withholding obligations triggered by the vesting of performance share awards. This F-code disposition is a non-market event where shares are effectively used to pay taxes rather than being sold on an exchange.

What do the deferred ASB performance shares and dividend equivalents mean for Derek Meyer?

Some vested performance shares and dividend equivalent units were deferred into the Executive’s Deferred Compensation Plan. They remain credited until distributed under Derek Meyer’s existing distribution elections, meaning economic exposure continues, but actual share delivery and taxation are scheduled for a future distribution date.

How does this ASB Form 4 affect investors’ view of insider activity?

The Form 4 reflects routine equity compensation vesting, deferral, and tax withholding for ASB’s CFO, not discretionary trading. Since there are no open-market buys or sales, the filing mainly updates Meyer's ownership and compensation profile without signaling a directional view on ASSOCIATED BANC-CORP’s share price.