Associated Banc-Corp (ASB) EVP exercises options and sells 43,561 shares
Rhea-AI Filing Summary
ASSOCIATED BANC-CORP Executive Vice President Randall J. Erickson exercised 43,561 non-qualified stock options on August 12, 2026 at an exercise price of $20.32 per share, receiving an equal number of common shares. He then sold 43,561 common shares at a weighted average price of $32.04 per share, with individual sale prices ranging from $32.03 to $32.06. The option had vested in four equal annual installments beginning on February 8, 2021 and carried an expiration date of February 4, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 43,561 shares ($511K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Erickson Randall J.
Role
Executive Vice President
Sold
43,561 shs ($1.40M)
Approx. gross sale proceeds
$1.40M
Approx. exercise cost
$885K
Approx. pre-tax spread
$511K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option (Right to Buy) F2 | 43,561 | $0.00 | $0.00 |
| Exercise | Common Stock $0.01 Par Value | 43,561 | $20.32 | $885K |
| Sale | Common Stock $0.01 Par Value F1 | 43,561 | $32.04 | $1.40M |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock $0.01 Par Value — 56,091 shares (Direct)
Footnotes (2)
- F1. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.03 to $32.06, 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. Option vested in four equal annual installments beginning on February 8, 2021
Key Figures
Options Exercised: 43,561 shares
Exercise Price: $20.32 per share
Shares Sold: 43,561 shares
+4 more
7 metrics
Options Exercised
43,561 shares
Non-qualified stock options exercised on August 12, 2026
Exercise Price
$20.32 per share
Exercise price of non-qualified stock options
Shares Sold
43,561 shares
Common stock sold on August 12, 2026
Weighted Average Sale Price
$32.04 per share
Weighted average for sales between $32.03 and $32.06
Sale Price Range
$32.03–$32.06 per share
Range of prices for multiple sale transactions
Option Expiration
February 4, 2030
Expiration date of the non-qualified stock option grant
Option Vesting Start
February 8, 2021
Vested in four equal annual installments beginning on this date
Key Terms
Non-qualified Stock Option (Right to Buy), weighted average price, Common Stock $0.01 Par Value, vested in four equal annual installments
4 terms
Non-qualified Stock Option (Right to Buy) financial
"security_title: Non-qualified Stock Option (Right to Buy)"
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.
Common Stock $0.01 Par Value financial
"underlying_security_title: Common Stock $0.01 Par Value"
vested in four equal annual installments financial
"Option vested in four equal annual installments beginning on February 8, 2021"
FAQ
What did ASB executive Randall J. Erickson report in this Form 4?
Randall J. Erickson, Executive Vice President of ASSOCIATED BANC-CORP (ASB), reported exercising 43,561 non-qualified stock options and selling 43,561 common shares on August 12, 2026 as part of an option exercise and immediate share sale transaction.
How many Associated Banc-Corp (ASB) options did Erickson exercise and at what price?
Erickson exercised 43,561 non-qualified stock options for Associated Banc-Corp (ASB) at an exercise price of $20.32 per share. Each option converted into one share of common stock, resulting in the acquisition of 43,561 common shares before the sale.
What type of derivative security did Erickson hold in ASB before exercising?
Erickson held a Non-qualified Stock Option (Right to Buy) for 43,561 shares of Associated Banc-Corp (ASB) common stock. The option vested in four equal annual installments starting February 8, 2021 and had an expiration date of February 4, 2030 before exercise.
Did Erickson retain any Associated Banc-Corp (ASB) options from this grant after the transaction?
For this specific non-qualified stock option grant covering 43,561 shares, the Form 4 shows zero options remaining following exercise. The derivative position tied to this option series was fully exercised, leaving no balance reported for that grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
