Associated Banc-Corp (ASB) director gets stock awards, dividend units

Rhea-AI Filing Summary

ASSOCIATED BANC-CORP director Cory L. Nettles reported stock-based awards rather than open-market trades. On the reported date, he acquired 44 shares and 404 shares of common stock at a reference price of $24.59 per share through grants or similar awards. Following these transactions, his directly held common stock position increased to 46,877 shares. Footnotes explain that related dividend equivalent units vest on the first anniversary of the associated restricted stock units and are payable solely in shares of common stock, with some fully vested dividend equivalents payable in stock after he ceases serving as a director.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Nettles Cory L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock $0.01 Par Value	44	$24.59	$1K
Grant/Award	Common Stock $0.01 Par Value	404	$24.59	$10K

Holdings After Transaction: Common Stock $0.01 Par Value — 46,473 shares (Direct)

Footnotes (1)

1. 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). 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.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Nettles Cory L

(Last) (First) (Middle)

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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	03/16/2026		A(1)		44	A	$24.59	46,473	D
Common Stock $0.01 Par Value	03/16/2026		A(2)		404	A	$24.59	46,877	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. 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).

2. 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.

	/s/ Lynn M. Floeter, attorney-in-fact for Cory L. Nettles	03/17/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Cory L. Nettles report in this Form 4 for ASSOCIATED BANC-CORP (ASB)?

Cory L. Nettles reported receiving stock-based awards of common shares in ASSOCIATED BANC-CORP. Two grant or award acquisitions of common stock were recorded, increasing his directly held share position and reflecting routine director compensation rather than open-market trading activity.

How many ASSOCIATED BANC-CORP shares did Cory L. Nettles acquire in this filing?

He acquired 44 shares and 404 shares of ASSOCIATED BANC-CORP common stock through grant or award transactions. These awards were reported at a reference price of $24.59 per share and represent compensation-related acquisitions, not open-market purchases of the company’s stock.

What is Cory L. Nettles’ ASSOCIATED BANC-CORP share ownership after these transactions?

After the reported grant or award transactions, Cory L. Nettles directly holds 46,877 shares of ASSOCIATED BANC-CORP common stock. This figure reflects his position following the second acquisition entry disclosed in the Form 4 insider trading report for the company.

Were the ASSOCIATED BANC-CORP Form 4 transactions open-market buys or sales?

The transactions were not open-market buys or sales. They are coded as “A” for grant, award, or other acquisition, and labeled as grant or award acquisitions, indicating stock-based compensation to the director rather than discretionary purchases or sales in the market.

What are the dividend equivalent units mentioned in the ASSOCIATED BANC-CORP Form 4 footnotes?

The footnotes explain that dividend equivalent units vest on the first anniversary of the related restricted stock units and are payable solely in shares of common stock upon vesting. Fully vested dividend equivalents are payable in common shares after the director ceases serving on the board.

Does the ASSOCIATED BANC-CORP Form 4 show any derivative securities for Cory L. Nettles?

The filing’s derivative summary shows no remaining derivative positions for Cory L. Nettles in this report. All reported entries relate to non-derivative common stock transactions, emphasizing direct share awards rather than options, warrants, or other derivative securities.