STOCK TITAN

Associated Banc-Corp (NYSE: ASB) EVP boosts stake through employee stock purchase

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ASSOCIATED BANC-CORP (ASB) Executive Vice President Nicole M. Kitowski reported an acquisition of 23.4526 shares of common stock on 2026-08-17 through the issuer's Employee Stock Purchase Plan at $32.2080 per share. Following this transaction, she holds 45,350.4228 shares of common stock directly and 3,266.3000 shares indirectly through a 401(k) Plan. The filing indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan.

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Negative

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Insider Kitowski Nicole M
Role Executive Vice President
Type Security Shares Price Value
Other Common Stock $0.01 Par Value F1 23.4526 $32.208 $755.36
holding Common Stock $0.01 Par Value -- -- --
Holdings After Transaction: Common Stock $0.01 Par Value — 45,350.4228 shares (Direct); Common Stock $0.01 Par Value — 3,266.3 shares (Indirect, 401(k) Plan)
Footnotes (1)
  1. F1. Shares were purchased within the Issuer's Employee Stock Purchase Plan.
Shares acquired via ESPP 23.4526 shares Common Stock $0.01 Par Value acquired on 2026-08-17
Purchase price per share $32.2080 Price for shares purchased within the Employee Stock Purchase Plan
Direct holdings after transaction 45,350.4228 shares Total directly owned common shares following the 2026-08-17 acquisition
Indirect 401(k) holdings 3,266.3000 shares Common shares held indirectly through a 401(k) Plan after the reported date
Restructuring shares 23.4526 shares Shares classified in the transaction summary as restructuring (code J)
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.
401(k) Plan financial
"total_shares_following_transaction ... nature_of_ownership: "401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Common Stock $0.01 Par Value financial
"security_title: "Common Stock $0.01 Par Value""

FAQ

What insider transaction did ASB Executive Vice President Nicole M. Kitowski report?

Nicole M. Kitowski reported acquiring 23.4526 shares of ASSOCIATED BANC-CORP common stock on 2026-08-17 through the company’s Employee Stock Purchase Plan at $32.2080 per share, increasing her directly held stake.

How many ASB shares does Nicole M. Kitowski hold directly after this Form 4 filing?

After the reported transaction, Nicole M. Kitowski directly holds 45,350.4228 shares of ASSOCIATED BANC-CORP common stock. This figure reflects her direct ownership position immediately following the Employee Stock Purchase Plan acquisition on 2026-08-17.

Does Nicole M. Kitowski have indirect ownership of ASB shares?

Yes. In addition to her direct holdings, Nicole M. Kitowski has indirect ownership of 3,266.3000 shares of ASSOCIATED BANC-CORP common stock through a 401(k) Plan, as reported in the Form 4 filing.

At what price were the newly acquired ASB shares purchased under the Employee Stock Purchase Plan?

The 23.4526 shares of ASSOCIATED BANC-CORP common stock were purchased at $32.2080 per share under the issuer’s Employee Stock Purchase Plan, according to the Form 4 footnote describing the nature of the transaction.

Was Nicole M. Kitowski’s ASB share acquisition made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not selected, meaning the reported Employee Stock Purchase Plan acquisition of ASSOCIATED BANC-CORP shares was not executed pursuant to a Rule 10b5-1 trading arrangement.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Kitowski Nicole M

(Last)(First)(Middle)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock $0.01 Par Value08/17/2026J(1)V23.4526A$32.20845,350.4228D
Common Stock $0.01 Par Value3,266.3I401(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares were purchased within the Issuer's Employee Stock Purchase Plan.
/s/ Lynn M. Floeter, attorney-in-fact for Nicole M. Kitowski08/18/2026
** Signature of Reporting PersonDate
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)