Associated Banc-Corp (NYSE: ASB) EVP receives 4,428 time-based restricted shares

Rhea-AI Filing Summary

Associated Banc-Corp executive vice president Steven S. Zandpour received a grant of 4,428 shares of common stock at $27.26 per share on February 1, 2026. These are time-based restricted stock units that will vest in four equal annual installments starting February 8, 2027. Following this grant, he beneficially owns 18,997.3211 shares directly.

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^*

ZANDPOUR STEVEN S.

(Last) (First) (Middle)

C/O 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)
	EVP

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)		4,428	A	$27.26	18,997.3211	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. 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, by POA for Steven S. Zandpour	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).
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.

FAQ

What insider transaction did ASB report for executive Steven S. Zandpour?

Associated Banc-Corp reported that EVP Steven S. Zandpour received 4,428 shares of common stock as an award. The grant is classified as an acquisition of non-derivative securities and reflects time-based restricted stock granted in 2026 under the company’s compensation arrangements.

How many ASB shares were granted to Steven S. Zandpour and at what price?

Steven S. Zandpour was granted 4,428 shares of Associated Banc-Corp common stock at $27.26 per share. The transaction occurred on February 1, 2026 and is reported as an acquisition of non-derivative common stock with a par value of $0.01 per share.

What is Steven S. Zandpour’s total ASB stock ownership after this Form 4 transaction?

After the reported grant, Steven S. Zandpour beneficially owns 18,997.3211 shares of Associated Banc-Corp common stock. The filing classifies this as direct ownership, meaning the shares are held in his name rather than through an indirect or related entity structure.

When will the 2026 time-based restricted ASB shares vest?

The 4,428 time-based restricted shares granted in 2026 will vest in four equal annual installments. Vesting begins on February 8, 2027, with additional equal portions vesting on the same calendar date in each of the following three years, assuming continued eligibility.

What role does Steven S. Zandpour hold at Associated Banc-Corp (ASB)?

Steven S. Zandpour is reported as an officer of Associated Banc-Corp with the title of executive vice president. The Form 4 indicates he is not a director and not a 10% owner, and the filing is made by a single reporting person.

How is the ownership type for Steven S. Zandpour’s ASB shares classified?

The filing classifies Steven S. Zandpour’s 18,997.3211 Associated Banc-Corp shares as directly owned. There is no indication of indirect ownership through entities, and the nature of ownership field does not describe any trust, partnership, or similar structure in this transaction.