Stock award and tax withholding for Associated Banc-Corp (NYSE: ASB) EVP

Rhea-AI Filing Summary

ASSOCIATED BANC-CORP Executive Vice President Nicole M. Kitowski reported equity compensation activity in company stock. On March 9, 2026, she acquired 11,477 shares of common stock at $25.08 per share as a vested long-term incentive performance share award granted in 2023 and subject to 3-year cliff vesting in 2026.

On the same date, 5,395 shares were disposed of to cover tax withholding obligations tied to this vesting, also at $25.08 per share, rather than through an open-market sale. After these transactions, she directly held 52,854.2557 common shares and indirectly held 3,216.8700 shares through a 401(k) plan.

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

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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^*

Kitowski Nicole M

(Last) (First) (Middle)

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		A(1)		11,477	A	$25.08	58,249.2557	D
Common Stock $0.01 Par Value	03/09/2026		F(2)		5,395	D	$25.08	52,854.2557	D
Common Stock $0.01 Par Value								3,216.87	I	401(k) Plan

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. Represents vested Performance Shares (LTIP) granted in 2023 and subject to 3-year cliff vesting in 2026.

2. Shares were withheld to satisfy tax withholding obligations arising from vesting of Performance Shares (LTIP) in 2026.

	/s/ Lynn M. Floeter, attorney-in-fact for Nicole M. Kitowski	03/11/2026
	** 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).
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FAQ

What insider transactions did ASB executive Nicole Kitowski report on March 9, 2026?

Nicole Kitowski reported vesting of 11,477 Associated Banc-Corp common shares as a long-term incentive award at $25.08 per share. On the same date, 5,395 shares were withheld to cover related tax obligations, rather than sold in the open market.

How many ASB shares did Nicole Kitowski acquire through equity awards?

She acquired 11,477 Associated Banc-Corp common shares on March 9, 2026, at $25.08 per share. The filing describes these as vested performance shares from a 2023 long-term incentive grant, subject to three-year cliff vesting that occurred in 2026.

Were any of Nicole Kitowski’s ASB shares sold on the open market?

The filing shows 5,395 shares disposed of at $25.08 per share, but footnotes state these were withheld to satisfy tax withholding obligations from vesting, not open-market sales. This is a standard mechanism for covering taxes on equity compensation.

What are Nicole Kitowski’s ASB share holdings after these transactions?

Following the March 9, 2026 transactions, Nicole Kitowski directly held 52,854.2557 Associated Banc-Corp common shares. She also indirectly held 3,216.8700 additional shares through a 401(k) plan, as disclosed in the holding entry in the filing.

What is the role of the performance share (LTIP) award in ASB’s filing?

The filing states the 11,477 shares represent vested performance shares from a 2023 long-term incentive plan, subject to three-year cliff vesting in 2026. This indicates the shares are compensation-related equity, tied to a multi-year performance and service period.

How many ASB shares were used to cover Nicole Kitowski’s tax obligations?

A total of 5,395 Associated Banc-Corp common shares were withheld at $25.08 per share. Footnotes explain these shares satisfied tax withholding obligations arising from the 2026 vesting of the performance share long-term incentive award granted in 2023.