STOCK TITAN

[Form 4] ASSOCIATED BANC-CORP Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Karen van Lith, a director of Associated Banc-Corp (ASB), reported two non-derivative stock acquisitions on 09/15/2025. The Form 4 shows purchases recorded at a price of $25.92 per share: 45 shares (noted as dividend equivalent units) and 372 shares (noted as fully vested dividend equivalents related to restricted stock units). Following those transactions the filing lists beneficial ownership amounts of 54,978 and 55,350 shares, respectively. The filing explains the 45 units vest on the first anniversary of the related restricted stock units and the 372 units are fully vested and payable in shares when the director leaves service. The Form 4 is signed on behalf of Ms. van Lith by an attorney-in-fact on 09/17/2025.

Karen van Lith, una direttrice di Associated Banc-Corp (ASB), ha riportato due acquisizioni azionarie non derivate il 15/09/2025. Il modulo 4 mostra acquisti registrati al prezzo di $25.92 per azione: 45 azioni (indicate come unità equivalenti a dividendi) e 372 azioni (indicate come dividendi equivalenti completamente maturi relativi a restricted stock units). A seguito di tali operazioni, la dichiarazione elenca quote di proprietà beneficiaria pari a 54,978 e 55,350 azioni, rispettivamente. La dichiarazione spiega che le 45 unità maturano al primo anniversario delle relative restricted stock units e le 372 unità sono completamente mature e pagabili in azioni quando il direttore cessa il servizio. Il Form 4 è firmato per conto della signora van Lith da un procuratore in fatto il 09/17/2025.

Karen van Lith, directora de Associated Banc-Corp (ASB), informó sobre dos adquisiciones de acciones no derivadas el 15/09/2025. El Form 4 muestra compras registradas a un precio de $25.92 por acción: 45 acciones (denotadas como unidades equivalentes a dividendos) y 372 acciones (denotadas como equivalentes de dividendos totalmente adquiridos relacionados con unidades de acciones restringidas). Tras estas transacciones, la declaración registra participaciones de propiedad beneficiaria de 54,978 y 55,350 acciones, respectivamente. La declaración explica que las 45 unidades se visten al primer aniversario de las RSU correspondientes y las 372 unidades están totalmente vestidas y pagaderas en acciones cuando la directora cese en el servicio. El Form 4 está firmado en nombre de la Sra. van Lith por un apoderado el 09/17/2025.

Karen van Lith은 Associated Banc-Corp (ASB)의 이사로서 2025년 9월 15일 두 건의 비파생 주식 취득을 보고했습니다. Form 4에 따르면 주당 가격 $25.92에 취득한 주식은 45주(배당 등가 단위로 표시)와 372주(제한된 주식 단위와 관련된 완전 부여된 배당 등가 단위로 표시)입니다. 이러한 거래 후 신고서는 유익한 소유권이 각각 54,978주와 55,350주로 기록되어 있다고 설명합니다. 신고서는 45단위가 관련 RSU의 첫 기념일에 부여되며 372단위는 완전하게 부여되어야 하며 임원이 근무를 중단할 때 주식으로 지급된다고 설명합니다. Form 4는 2025년 9월 17일에 대리인에 의해 Ms. van Lith를 대신하여 서명되었습니다.

Karen van Lith, administratrice d'Associated Banc-Corp (ASB), a déclaré deux acquisitions d'actions non dérivées le 15/09/2025. Le Form 4 indique des achats enregistrés à un prix de $25.92 par action : 45 actions (désignées comme des unités équivalentes à des dividendes) et 372 actions (désignées comme des dividendes équivalents entièrement acquis liés à des unités d'actions restreintes). Suite à ces transactions, le dépôt répertorie une propriété bénéficiaire de 54,978 et 55,350 actions, respectivement. Le dépôt explique que les 45 unités se vissent au premier anniversaire des RSU concernées et que les 372 unités sont entièrement acquises et versables en actions lorsque la directrice cesse son service. Le Form 4 est signé au nom de Mme van Lith par un mandataire le 09/17/2025.

Karen van Lith, Direktorin von Associated Banc-Corp (ASB), hat am 15.09.2025 zwei nicht ableitbare Aktienkäufe gemeldet. Das Formular 4 zeigt Käufe zum Preis von $25.92 pro Aktie: 45 Aktien (als Dividendenäquivalenteinheiten vermerkt) und 372 Aktien (als vollständig vestete Dividendenäquivalente im Zusammenhang mit Restricted Stock Units vermerkt). Nach diesen Transaktionen listet der Bericht Eigentumsanteile von 54,978 und 55,350 Aktien bzw. Die Eintragung erklärt, dass die 45 Einheiten am ersten Jahrestag der zugehörigen RSUs vesten und die 372 Einheiten vollständig vestet sind und in Aktien zahlbar sind, wenn die Direktorin den Dienst beendet. Das Form 4 unterzeichnet im Namen von Frau van Lith durch einen Bevollmächtigten am 09/17/2025.

Karen van Lith، مديرة في Associated Banc-Corp (ASB)، أبلغت عن عمليتين لشراء أسهم غير مشتقة في 15/09/2025. يبيّن النموذج 4 مشتريات مُسجَّلة بسعر $25.92 للسهم: 45 سهماً (ذكر كـ وحدات مكافئة للأرباح) و372 سهماً (ذكر كمكافئات أرباح مكتملة مرتبطة بوحدات الأسهم المقيدة). عقب هذه المعاملات، يسجل البلاغ ملكية مستفيدة تبلغ 54,978 سهماً و55,350 سهماً، على التوالي. يشرح البلاغ أن الوحدات الـ45 تكتمل vest عند أول ذكرى للوحدات المقيدة ذات الصلة وأن الوحدات الـ372 مكتملة الاستحقاق وقابلة للدفع بالأسهم عند مغادرة المديرة للخدمة. النموذج 4 موقع نيابة عن السيدة فان ليث من قبل وكيل في 09/17/2025.

Karen van Lith,Associated Banc-Corp(ASB)董事,披露于2025年9月15日的两笔非衍生股票购买。Form 4显示以每股 $25.92 的价格购买:45股(记作股利等值单位)以及372股(记作与受限股票单位相关的完全归属的股利等值单位)。交易后,申报的受益所有权分别为54,978股和55,350股。申报说明这45单位在相关受限股票单位的第一周年日归属,372单位已全部归属并在董事离任时以股份支付。Form 4 由代理人于09/17/2025代表范·莉丝女士签署。

Positive
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Insights

TL;DR: Routine reporting of dividend-equivalent share accruals by a director; complies with Section 16 disclosure requirements.

The filing documents standard director-related equity accruals rather than open-market purchases or dispositions. The entries are described as dividend equivalent units tied to restricted stock units and include a note on vesting and post-service conversion to shares. Reporting was timely and executed via attorney-in-fact, which is common for officers and directors. No departures from expected governance disclosures are evident in the text provided.

TL;DR: Small, non-material share issuances to a director recorded; no immediate market-impacting change shown.

The transactions list 45 and 372 share-equivalent units at a price of $25.92 on 09/15/2025 with resulting beneficial ownership figures of 54,978 and 55,350 shares. These arise from dividend equivalents on restricted stock units and are administrative in nature. The filing contains no sales, option exercises, or large changes that would typically affect short-term valuation assumptions.

Karen van Lith, una direttrice di Associated Banc-Corp (ASB), ha riportato due acquisizioni azionarie non derivate il 15/09/2025. Il modulo 4 mostra acquisti registrati al prezzo di $25.92 per azione: 45 azioni (indicate come unità equivalenti a dividendi) e 372 azioni (indicate come dividendi equivalenti completamente maturi relativi a restricted stock units). A seguito di tali operazioni, la dichiarazione elenca quote di proprietà beneficiaria pari a 54,978 e 55,350 azioni, rispettivamente. La dichiarazione spiega che le 45 unità maturano al primo anniversario delle relative restricted stock units e le 372 unità sono completamente mature e pagabili in azioni quando il direttore cessa il servizio. Il Form 4 è firmato per conto della signora van Lith da un procuratore in fatto il 09/17/2025.

Karen van Lith, directora de Associated Banc-Corp (ASB), informó sobre dos adquisiciones de acciones no derivadas el 15/09/2025. El Form 4 muestra compras registradas a un precio de $25.92 por acción: 45 acciones (denotadas como unidades equivalentes a dividendos) y 372 acciones (denotadas como equivalentes de dividendos totalmente adquiridos relacionados con unidades de acciones restringidas). Tras estas transacciones, la declaración registra participaciones de propiedad beneficiaria de 54,978 y 55,350 acciones, respectivamente. La declaración explica que las 45 unidades se visten al primer aniversario de las RSU correspondientes y las 372 unidades están totalmente vestidas y pagaderas en acciones cuando la directora cese en el servicio. El Form 4 está firmado en nombre de la Sra. van Lith por un apoderado el 09/17/2025.

Karen van Lith은 Associated Banc-Corp (ASB)의 이사로서 2025년 9월 15일 두 건의 비파생 주식 취득을 보고했습니다. Form 4에 따르면 주당 가격 $25.92에 취득한 주식은 45주(배당 등가 단위로 표시)와 372주(제한된 주식 단위와 관련된 완전 부여된 배당 등가 단위로 표시)입니다. 이러한 거래 후 신고서는 유익한 소유권이 각각 54,978주와 55,350주로 기록되어 있다고 설명합니다. 신고서는 45단위가 관련 RSU의 첫 기념일에 부여되며 372단위는 완전하게 부여되어야 하며 임원이 근무를 중단할 때 주식으로 지급된다고 설명합니다. Form 4는 2025년 9월 17일에 대리인에 의해 Ms. van Lith를 대신하여 서명되었습니다.

Karen van Lith, administratrice d'Associated Banc-Corp (ASB), a déclaré deux acquisitions d'actions non dérivées le 15/09/2025. Le Form 4 indique des achats enregistrés à un prix de $25.92 par action : 45 actions (désignées comme des unités équivalentes à des dividendes) et 372 actions (désignées comme des dividendes équivalents entièrement acquis liés à des unités d'actions restreintes). Suite à ces transactions, le dépôt répertorie une propriété bénéficiaire de 54,978 et 55,350 actions, respectivement. Le dépôt explique que les 45 unités se vissent au premier anniversaire des RSU concernées et que les 372 unités sont entièrement acquises et versables en actions lorsque la directrice cesse son service. Le Form 4 est signé au nom de Mme van Lith par un mandataire le 09/17/2025.

Karen van Lith, Direktorin von Associated Banc-Corp (ASB), hat am 15.09.2025 zwei nicht ableitbare Aktienkäufe gemeldet. Das Formular 4 zeigt Käufe zum Preis von $25.92 pro Aktie: 45 Aktien (als Dividendenäquivalenteinheiten vermerkt) und 372 Aktien (als vollständig vestete Dividendenäquivalente im Zusammenhang mit Restricted Stock Units vermerkt). Nach diesen Transaktionen listet der Bericht Eigentumsanteile von 54,978 und 55,350 Aktien bzw. Die Eintragung erklärt, dass die 45 Einheiten am ersten Jahrestag der zugehörigen RSUs vesten und die 372 Einheiten vollständig vestet sind und in Aktien zahlbar sind, wenn die Direktorin den Dienst beendet. Das Form 4 unterzeichnet im Namen von Frau van Lith durch einen Bevollmächtigten am 09/17/2025.

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*
VAN LITH KAREN

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025
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 09/15/2025 A(1) 45 A $25.92 54,978 D
Common Stock $0.01 Par Value 09/15/2025 A(2) 372 A $25.92 55,350 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. Dividend equivalent units, which vest on the first anniversary of the grant of the restricted stock units to which they relate, are payable solely in shares of common stock upon vesting (subject to deferral if so elected by the Insider).
2. Fully vested dividend equivalents received on restricted stock units payable solely in shares of common stock following the date the Insider ceases serving as a director.
/s/ Lynn M. Floeter, attorney-in-fact for Karen van Lith 09/17/2025
** 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 transactions did Karen van Lith report for ASB on Form 4?

The Form 4 reports acquisitions on 09/15/2025 of 45 and 372 dividend-equivalent share units at $25.92 per share.

What do the reported units represent in the ASB Form 4?

The filing explains they are dividend equivalent units tied to restricted stock units: 45 vest on the first anniversary of the grant and 372 are fully vested and payable in shares after the director leaves service.

How many shares did the filing show as beneficially owned after the transactions?

The Form 4 shows beneficial ownership amounts of 54,978 and 55,350 shares following the reported transactions.

When was the Form 4 signed and by whom?

The Form 4 was signed on behalf of Karen van Lith by Lynn M. Floeter, attorney-in-fact on 09/17/2025.
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