Associated Banc-Corp director granted 448 shares
ASSOCIATED BANC-CORP director Cory L. Nettles reported stock-based awards rather than open-market trades.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 |
Footnotes (2)
- F1. 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).
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cory L. Nettles report in this Form 4 for ASSOCIATED BANC-CORP (ASB)?
Were the ASSOCIATED BANC-CORP Form 4 transactions open-market buys or sales?
What are the dividend equivalent units mentioned in the ASSOCIATED BANC-CORP Form 4 footnotes?
Does the ASSOCIATED BANC-CORP Form 4 show any derivative securities for Cory L. Nettles?
AI-generated analysis. How Rhea-AI works. Not financial advice.