Associated Banc-Corp (ASB) EVP sells 16,300 shares after option exercise
Rhea-AI Filing Summary
Associated Banc-Corp EVP Gregory Warsek reported multiple transactions in company securities on 2026-08-12. He exercised 13,018 incentive stock options with a $26.00 exercise price, receiving 13,018 shares of common stock, and then sold 16,300 common shares in open-market transactions at prices around $32.00, including a weighted-average sale at $32.01 per share. In addition, there was an intra-plan transfer of 14,927 equivalent units of issuer common stock within the company 401(k) plan, leaving 13,605.08 units held indirectly through that plan. The filing does not indicate use of a Rule 10b5-1 trading plan.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Warsek Gregory
Role
EVP
Sold
16,300 shs ($522K)
Approx. gross sale proceeds
$522K
Approx. exercise cost
$338K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Incentive Stock Option (Right to Buy) F3 | 13,018 | $0.00 | $0.00 |
| Sale | Common Stock $0.01 Par Value | 3,282 | $32.00 | $105K |
| Exercise | Common Stock $0.01 Par Value | 13,018 | $26.00 | $338K |
| Sale | Common Stock $0.01 Par Value F1 | 13,018 | $32.01 | $417K |
| Discretionary | Common Stock $0.01 Par Value F2 | 14,927 | $0.00 | $0.00 |
Holdings After Transaction:
Incentive Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock $0.01 Par Value — 13,809 shares (Direct);
Common Stock $0.01 Par Value — 13,605.08 shares (Indirect, By 401(K) Plan)
Footnotes (3)
- F1. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.015, inclusive. The reporting person undertakes to provide to Associated Banc-Corp, any security holders of Associated Banc-Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes above.
- F2. Reflects the intra-plan transfer (reallocation) of equivalent units of Issuer common stock out of the Issuer stock fund and into an alternative investment fund within the Issuer's 401(k) Plan.
- F3. Options vest in four equal annual installments beginning 2/8/2018.
Key Figures
Options Exercised: 13,018 shares
Exercise Price: $26.00 per share
Shares Sold Total: 16,300 shares
+5 more
8 metrics
Options Exercised
13,018 shares
Incentive stock options exercised on 2026-08-12
Exercise Price
$26.00 per share
Exercise price of incentive stock options
Shares Sold Total
16,300 shares
Total common shares sold in open-market transactions
Sale Price Block 1
$32.00 per share
Price for 3,282 common shares sold
Weighted-Average Sale Price
$32.01 per share
Weighted-average price for 13,018 shares sold; trades ranged $32.00–$32.015
401(k) Units Transferred
14,927 units
Equivalent units reallocated within the issuer's 401(k) plan
401(k) Units After Transfer
13,605.08 units
Equivalent units of issuer common stock held indirectly via 401(k)
Option Expiration Date
2027-02-27
Expiration date of the exercised incentive stock option
Key Terms
Incentive Stock Option, weighted average price, intra-plan transfer, 401(k) Plan, +1 more
5 terms
Incentive Stock Option financial
"The security is described as an Incentive Stock Option (Right to Buy)"
An incentive stock option is a type of employee benefit that gives a worker the right to buy company shares at a fixed price, with special tax advantages if the employee holds the shares for a required period. Think of it as a coupon to buy future shares at today’s price that can result in lower tax on the gain. Investors care because ISOs can dilute share count, align staff incentives with the stock price, and affect company compensation costs and the timing of potential share sales.
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
intra-plan transfer financial
"Reflects the intra-plan transfer (reallocation) of equivalent units"
401(k) Plan financial
"into an alternative investment fund within the Issuer's 401(k) Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Rule 16b-3(f) regulatory
"transaction described as a discretionary transaction under Rule 16b-3(f)"
FAQ
What did Associated Banc-Corp (ASB) EVP Gregory Warsek report in this Form 4?
EVP Gregory Warsek exercised 13,018 stock options at $26.00, received common shares, then sold 16,300 shares in open-market transactions around $32 per share, and recorded a 401(k) plan reallocation.
How many Associated Banc-Corp (ASB) options did the EVP exercise and at what price?
Gregory Warsek exercised 13,018 incentive stock options with an exercise price of $26.00 per share, converting them into an equal number of Associated Banc-Corp common shares on 2026-08-12.
What happened to Gregory Warsek’s Associated Banc-Corp (ASB) 401(k) holdings?
There was an intra-plan transfer of 14,927 equivalent units of issuer common stock from the issuer stock fund into another investment fund, leaving 13,605.08 units indirectly held through the 401(k) plan.
Were Gregory Warsek’s Associated Banc-Corp (ASB) trades under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction, and the footnotes do not state that these trades were executed under a pre-arranged Rule 10b5-1 trading plan.
What type of derivative security did the Associated Banc-Corp (ASB) EVP exercise?
He exercised an Incentive Stock Option (Right to Buy) for 13,018 underlying common shares, originally granted with a $26.00 exercise price and scheduled to vest in four equal annual installments starting 02/08/2018.
AI-generated analysis. How Rhea-AI works. Not financial advice.
