ASB (NYSE: ASB) EVP acquires shares via Employee Stock Purchase Plan

Rhea-AI Filing Summary

ASSOCIATED BANC-CORP EVP Steven S. Zandpour reported an employee share purchase under the company’s Employee Stock Purchase Plan. On May 15, 2026, he acquired 88.4253 shares of common stock at $27.306 per share, bringing his direct holdings to 18,389.2705 shares.

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	88.425	$27.306	$2K

Holdings After Transaction: Common Stock $0.01 Par Value — 18,389.271 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 88.4253 shares Purchase price: $27.306 per share Holdings after transaction: 18,389.2705 shares +2 more

5 metrics

Shares acquired 88.4253 shares Employee Stock Purchase Plan transaction on May 15, 2026

Purchase price $27.306 per share Price paid for ASB common stock in ESPP

Holdings after transaction 18,389.2705 shares Direct ASB common stock held by Zandpour after purchase

Security type Common Stock $0.01 Par Value Class of ASB shares involved in the Form 4

Transaction code J Other acquisition or disposition under Form 4 rules

Key Terms

Employee Stock Purchase Plan, Common Stock $0.01 Par Value, Form 4, Other acquisition or disposition

4 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.

Common Stock $0.01 Par Value financial

"security_title: Common Stock $0.01 Par Value"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

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.

Other acquisition or disposition regulatory

"transaction_code_description: Other acquisition or disposition"

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)
05/15/2026

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	05/15/2026		J(1)	V	88.4253	A	$27.306	18,389.2705	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	05/18/2026
	** 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 did ASB executive Steven S. Zandpour report in this Form 4?

Steven S. Zandpour, an EVP at Associated Banc-Corp, reported an employee stock purchase. He acquired 88.4253 shares of common stock through the company’s Employee Stock Purchase Plan, as disclosed for the transaction dated May 15, 2026.

How many ASB shares did Steven S. Zandpour acquire and at what price?

He acquired 88.4253 shares of Associated Banc-Corp common stock at $27.306 per share. This transaction was recorded as a Form 4 entry and is linked to participation in the company’s Employee Stock Purchase Plan.

What are Steven S. Zandpour’s ASB share holdings after this transaction?

Following the reported transaction, Steven S. Zandpour directly holds 18,389.2705 shares of Associated Banc-Corp common stock. This total reflects his position after purchasing 88.4253 shares on May 15, 2026 through the Employee Stock Purchase Plan.

Was the ASB Form 4 transaction an open-market buy or sale?

The transaction was not reported as an open-market buy or sale. It is coded as “J” on Form 4, with a footnote stating that the shares were purchased under Associated Banc-Corp’s Employee Stock Purchase Plan.

What does transaction code "J" mean in the ASB Form 4 filing?

Transaction code “J” indicates an “other” type of acquisition or disposition. In this Form 4, a footnote clarifies it represents shares purchased within Associated Banc-Corp’s Employee Stock Purchase Plan by executive vice president Steven S. Zandpour.

What type of security did Steven S. Zandpour acquire in ASB?

He acquired Associated Banc-Corp common stock with a $0.01 par value. The Form 4 specifies this security type and shows the transaction price of $27.306 per share for the 88.4253 shares purchased through the Employee Stock Purchase Plan.