Associated Banc-Corp (NYSE: ASB) EVP reports employee stock purchase transaction

Rhea-AI Filing Summary

Associated Banc-Corp executive Steven S. Zandpour, an EVP of the company, reported a purchase of common stock under the bank's Employee Stock Purchase Plan. On December 15, 2025, he acquired 86.3517 shares of Associated Banc-Corp common stock at a price of $27.07 per share.

Following this transaction, Zandpour beneficially owns 14,482.3299 shares of Associated Banc-Corp common stock, held directly. The filing is a Form 4 submitted for a single reporting person in connection with routine employee stock purchase activity.

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^*

ZANDPOUR STEVEN 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

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		J(1)	V	86.3517	A	$27.07	14,482.3299	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. Shares were purchased within the Issuer's Employee Stock Purchase Plan.

	/s/ Lynn M. Floeter, by POA for Steven S. Zandpour	12/16/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did Associated Banc-Corp (ASB) disclose in this Form 4?

The filing reports that EVP Steven S. Zandpour purchased 86.3517 shares of Associated Banc-Corp common stock on December 15, 2025 through the company's Employee Stock Purchase Plan.

At what price did the Associated Banc-Corp EVP buy ASB shares?

Steven S. Zandpour bought the common stock at a price of $27.07 per share.

How many Associated Banc-Corp (ASB) shares does the reporting person own after this transaction?

After the reported purchase, Steven S. Zandpour beneficially owns 14,482.3299 shares of Associated Banc-Corp common stock, held directly.

What is the relationship of the reporting person to Associated Banc-Corp (ASB)?

The reporting person, Steven S. Zandpour, is an officer of Associated Banc-Corp and holds the title of EVP (Executive Vice President).

Was this Associated Banc-Corp transaction part of an employee stock program?

Yes. The explanation states that the shares were purchased within the issuer's Employee Stock Purchase Plan.

Is this Form 4 for one insider or multiple insiders at Associated Banc-Corp?

The document indicates that it is a Form filed by one reporting person, covering Steven S. Zandpour only.