Associated Banc-Corp (ASB) EVP acquires stock through purchase plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ASSOCIATED BANC-CORP executive reports routine share purchase. EVP and Chief Human Resources Officer Julio Manso recorded an “other” transaction involving 30.2131 shares of common stock at $27.3060 per share. According to the footnote, these shares were purchased through the company’s Employee Stock Purchase Plan, bringing his direct holdings to 16,189.128 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Manso Julio
Role
EVP, CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock $0.01 Par Value | 30.213 | $27.306 | $825.00 |
Holdings After Transaction:
Common Stock $0.01 Par Value — 16,189.128 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 30.2131 shares
Purchase price: $27.3060 per share
Shares held after transaction: 16,189.128 shares
3 metrics
Shares acquired
30.2131 shares
Employee Stock Purchase Plan transaction
Purchase price
$27.3060 per share
Price for ESPP acquisition
Shares held after transaction
16,189.128 shares
Direct common stock holdings following Form 4
Key Terms
Form 4, Employee Stock Purchase Plan, Common Stock $0.01 Par Value
3 terms
Form 4 regulatory
"This Form 4 insider trading report reflects personal holdings in the company’s common stock"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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.
Common Stock $0.01 Par Value financial
"security_title: Common Stock $0.01 Par Value"
FAQ
What insider transaction did ASB executive Julio Manso report?
Julio Manso reported an “other” transaction involving 30.2131 shares of Associated Banc-Corp common stock. The shares were acquired through the company’s Employee Stock Purchase Plan at $27.3060 per share, reflecting a small, routine change in his personal holdings.
What does transaction code J mean in the ASB Form 4 filing?
Transaction code J in this Form 4 represents “other acquisition or disposition.” Here, a footnote clarifies that the 30.2131 shares were purchased through Associated Banc-Corp’s Employee Stock Purchase Plan, indicating a routine, plan-based adjustment rather than an open-market trade.
What role does Julio Manso hold at Associated Banc-Corp (ASB)?
Julio Manso serves as Executive Vice President and Chief Human Resources Officer of Associated Banc-Corp. His Form 4 filing reflects personal holdings in the company’s common stock, including shares acquired through participation in the Employee Stock Purchase Plan.