ASSOCIATED BANC-CORP (NYSE: ASB) EVP acquires shares through employee stock plan

Rhea-AI Filing Summary

ASSOCIATED BANC-CORP EVP Steven S. Zandpour reported a small routine share transaction under the company’s Employee Stock Purchase Plan. On June 15, 2026, he acquired 81.8655 shares of common stock at $29.4940 per share through the plan, categorized as an “other acquisition or disposition.” After this transaction, he directly holds 18,471.1360 shares of Associated Banc-Corp common stock, indicating a modest adjustment within an ongoing employee ownership program rather than a discretionary open‑market trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ZANDPOUR STEVEN S.

Role EVP

Type	Security	Shares	Price	Value
Other	Common Stock $0.01 Par Value	81.866	$29.494	$2K

Holdings After Transaction: Common Stock $0.01 Par Value — 18,471.136 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 81.8655 shares Purchase price: $29.4940 per share Holdings after transaction: 18,471.1360 shares

3 metrics

Shares acquired 81.8655 shares Common Stock via Employee Stock Purchase Plan on June 15, 2026

Purchase price $29.4940 per share Employee Stock Purchase Plan acquisition

Holdings after transaction 18,471.1360 shares Direct ownership of Associated Banc-Corp common stock

Key Terms

Employee Stock Purchase Plan, Other acquisition or disposition, Common Stock $0.01 Par Value

3 terms

Employee Stock Purchase Plan financial

"Shares were purchased within the Issuer's Employee Stock Purchase Plan."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Other acquisition or disposition financial

"transaction_code_description: "Other acquisition or disposition""

Common Stock $0.01 Par Value financial

"security_title: "Common Stock $0.01 Par Value""

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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^*

ZANDPOUR STEVEN S.

(Last) (First) (Middle)

C/O ASSOCIATED BANC-CORP

433 MAIN STREET

(Street)

GREEN BAY WISCONSIN 54301

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/15/2026		J(1)	V	81.8655	A	$29.494	18,471.136	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	06/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ASB EVP Steven S. Zandpour report?

EVP Steven S. Zandpour reported acquiring 81.8655 Associated Banc-Corp shares. The shares were obtained through the company’s Employee Stock Purchase Plan, reflecting a routine, compensation-related transaction rather than an open-market trade. After this, he directly holds 18,471.1360 common shares.

How many ASB shares did Steven S. Zandpour hold after the Form 4 transaction?

After the reported transaction, Steven S. Zandpour directly holds 18,471.1360 Associated Banc-Corp common shares. This figure includes the additional 81.8655 shares acquired through the Employee Stock Purchase Plan at $29.4940 per share on June 15, 2026.

At what price were the new ASB shares acquired in the Employee Stock Purchase Plan?

The new shares were acquired at $29.4940 per share. This price applies to the 81.8655 Associated Banc-Corp common shares purchased through the Employee Stock Purchase Plan, as disclosed in Steven S. Zandpour’s Form 4 insider transaction report.

What does transaction code J mean in the ASB Form 4 for Steven S. Zandpour?

Transaction code J indicates an “Other acquisition or disposition” of securities. In this case, the Form 4 notes that the 81.8655 Associated Banc-Corp shares were purchased through the Employee Stock Purchase Plan, classifying the move as a routine, plan-based transaction.

Is Steven S. Zandpour’s ASB insider transaction an open-market buy or sell?

The transaction is not an open-market buy or sell. Footnotes state the 81.8655 Associated Banc-Corp shares were purchased within the Employee Stock Purchase Plan, so it is treated as a routine, compensation-linked acquisition rather than discretionary market trading activity.