Executive VP Matthew Braeger (NYSE: ASB) awarded 1,484 TRSUs

Rhea-AI Filing Summary

Associated Banc-Corp Executive Vice President Matthew R. Braeger received an award of 1,484 shares of common stock on February 1, 2026, as time-based restricted stock units. The grant is valued at $27.26 per share and will vest in four equal annual installments beginning on February 8, 2027.

After this grant, Braeger beneficially owns 14,830.0966 shares of Associated Banc-Corp common stock directly, plus 779.5 shares held indirectly 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

OMB APPROVAL

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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^*

Braeger Matthew R

(Last) (First) (Middle)

ASSOCIATED BANC-CORP

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)
02/01/2026

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	02/01/2026		A(1)		1,484	A	$27.26	14,830.0966	D
Common Stock $0.01 Par Value								779.5	I	By 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 shares of Time-Based Restricted Stock (TRSUs) granted in 2026, which will vest in four equal annual installments beginning on February 8, 2027.

	/s/ Lynn M. Floeter, attorney-in-fact for Matthew R. Braeger	02/03/2026
	** 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 transaction did ASB report for Matthew R. Braeger?

Associated Banc-Corp reported that Executive Vice President Matthew R. Braeger received 1,484 shares of common stock on February 1, 2026. These shares are time-based restricted stock units that vest over four years starting February 8, 2027, at a grant price of $27.26 per share.

How many ASB shares does Matthew R. Braeger own after this transaction?

After the February 1, 2026 grant, Matthew R. Braeger beneficially owns 14,830.0966 Associated Banc-Corp common shares directly. He also has an additional 779.5 shares held indirectly through a 401(k) plan, according to the reported ownership figures in the filing.

What are the terms of the 2026 time-based restricted stock (TRSUs) at ASB?

The 2026 time-based restricted stock units granted to Matthew R. Braeger vest in four equal annual installments. Vesting begins on February 8, 2027, meaning one-quarter of the 1,484-share award becomes unrestricted each year over a four-year period.

What role does Matthew R. Braeger hold at Associated Banc-Corp (ASB)?

Matthew R. Braeger is an Executive Vice President at Associated Banc-Corp. His position is identified in the insider ownership report, which discloses his officer status and the equity award he received in the form of time-based restricted stock units in 2026.

How are some of Matthew R. Braeger’s ASB shares held indirectly?

In addition to directly held shares, Matthew R. Braeger has 779.5 Associated Banc-Corp shares reported as indirectly owned through a 401(k) plan. This indicates retirement-plan holdings separate from his directly owned 14,830.0966 common shares following the reported stock grant.

What was the grant date and price for Matthew R. Braeger’s 2026 ASB stock award?

Matthew R. Braeger’s 2026 stock award was granted on February 1, 2026, at $27.26 per share. The grant covers 1,484 shares of Associated Banc-Corp common stock structured as time-based restricted stock units that vest in four annual installments starting February 8, 2027.