Director at Associated Banc-Corp (ASB) awarded 4,585 shares

Rhea-AI Filing Summary

Associated Banc-Corp director Kristen M. Ludgate reported an equity award of 4,585 shares of common stock on February 1, 2026. The award was reported at a price of $27.26 per share, bringing her directly held beneficial ownership to 10,003 shares after the transaction.

According to the footnote, these are Restricted Stock Units that will fully vest on the first anniversary of the February 1, 2026 grant. They are payable solely in shares of common stock, unless she elected to defer delivery of the shares until separation.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ludgate Kristen M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock $0.01 Par Value	4,585	$27.26	$125K

Holdings After Transaction: Common Stock $0.01 Par Value — 10,003 shares (Direct)

Footnotes (1)

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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^*

Ludgate Kristen M

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2026

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	02/01/2026		A(1)		4,585	A	$27.26	10,003	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. Restricted Stock Units will become fully vested on the first anniversary of the February 1, 2026 grant. They are payable solely in shares of common stock, unless the Insider elected to defer shares until separation.

	/s/ Lynn M. Floeter, by POA from Kristen M. Ludgate	02/03/2026
	** 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 insider transaction did Associated Banc-Corp (ASB) disclose for Kristen M. Ludgate?

Associated Banc-Corp disclosed that director Kristen M. Ludgate received an equity award of 4,585 shares of common stock on February 1, 2026, at a reported price of $27.26 per share, increasing her directly held beneficial ownership to 10,003 shares following the transaction.

How many Associated Banc-Corp (ASB) shares does Kristen M. Ludgate own after this Form 4 transaction?

After the reported transaction, director Kristen M. Ludgate beneficially owns 10,003 shares of Associated Banc-Corp common stock directly. This total reflects the effect of the February 1, 2026 equity award of 4,585 shares reported on the Form 4 filing.

What are the vesting terms of Kristen M. Ludgate’s Restricted Stock Units at Associated Banc-Corp (ASB)?

The Restricted Stock Units granted to Kristen M. Ludgate will become fully vested on the first anniversary of the February 1, 2026 grant date. They are payable solely in shares of Associated Banc-Corp common stock, unless she elected to defer the shares until separation.

How are Kristen M. Ludgate’s Restricted Stock Units at Associated Banc-Corp (ASB) settled?

The Restricted Stock Units granted to Kristen M. Ludgate are settled solely in shares of Associated Banc-Corp common stock. However, the footnote explains that the director could elect to defer receipt of those shares until separation, altering the timing of when shares are actually delivered.

What role does Kristen M. Ludgate hold at Associated Banc-Corp (ASB) according to the Form 4?

Kristen M. Ludgate is identified as a director of Associated Banc-Corp on the Form 4. The filing indicates the transaction is reported by one reporting person, reflecting her position on the board and her reported beneficial ownership of the company’s common stock.