ASB Form 4: EVP Nicole Kitowski Purchases Stock Through ESPP

Rhea-AI Filing Summary

Associated Banc-Corp (ASB) Form 4 shows that Nicole M. Kitowski, identified as an Executive Vice President and officer, reported an equity transaction dated 09/15/2025. The filing states shares were purchased under the issuer's Employee Stock Purchase Plan and lists a purchase price of $26.161. The form reports 3,164 shares held indirectly via a 401(k) plan following the reported transaction. The submission was signed by an attorney-in-fact, Lynn M. Floeter, on 09/17/2025. The document does not provide consolidated totals of all shares directly beneficially owned by the reporting person beyond the 401(k) disclosure.

Positive

• Insider purchase disclosed: Executive bought shares under the Employee Stock Purchase Plan, showing participation in company equity programs.
• Clear disclosure: Form includes transaction date, purchase price ($26.161), and method (ESPP), meeting Section 16 reporting requirements.

Negative

• None.

Insights

Financial Analyst

TL;DR: An executive purchased company stock through the ESPP on 09/15/2025 at $26.161, modest insider buying activity.

The Form 4 documents a routine employee stock purchase by Executive Vice President Nicole M. Kitowski under the company's Employee Stock Purchase Plan at a unit price of $26.161. The filing cites 3,164 shares held indirectly in a 401(k) plan after the reported activity. This represents standard compensation-related equity acquisition rather than a large, market-moving insider transaction; no option grants, large disposals, or exercise events are reported in the derivative section.

Corporate Governance Expert

TL;DR: Filing reflects routine, plan-based insider purchase with proper Section 16 disclosure and attorney-in-fact signature.

The report follows Section 16 reporting conventions: transaction date, purchase price, and the nature of the purchase (Employee Stock Purchase Plan) are disclosed. The form is signed by an attorney-in-fact, indicating procedural completion. There is no indication of atypical trading patterns, large-scale transfers, or related-party transactions disclosed in this filing.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Kitowski Nicole M

Role Executive Vice President

Type	Security	Shares	Price	Value
Other	Common Stock $0.01 Par Value	28.033	$26.161	$733.36
holding	Common Stock $0.01 Par Value	--	--	--

Holdings After Transaction: Common Stock $0.01 Par Value — 45,060.296 shares (Direct); Common Stock $0.01 Par Value — 3,164 shares (Indirect, 401(k) Plan)

Footnotes (1)

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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^*

Kitowski Nicole M

(Last) (First) (Middle)

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)
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		J(1)	V	28.0326	A	$26.161	45,060.2962	D
Common Stock $0.01 Par Value								3,164	I	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. Shares were purchased within the Issuer's Employee Stock Purchase Plan.

	/s/ Lynn M. Floeter, attorney-in-fact for Nicole M. Kitowski	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 did Nicole M. Kitowski report on the Form 4 for ASBA?

She reported a purchase of common stock on 09/15/2025 under the issuer's Employee Stock Purchase Plan at a price of $26.161.

How many shares does the Form 4 show as held indirectly after the transaction for ASBA?

The filing shows 3,164 shares held indirectly through a 401(k) plan following the reported transaction.

Was the Form 4 signed and who signed it for ASBA?

Yes. The Form 4 was signed by /s/ Lynn M. Floeter, attorney-in-fact for Nicole M. Kitowski on 09/17/2025.

What transaction method was used for the shares reported on the ASBA Form 4?

The shares were purchased through the company's Employee Stock Purchase Plan (ESPP), per the explanation in the filing.

Does the filing report any derivative transactions or option exercises for ASBA?

No derivative securities or option exercise events are reported in Table II of this Form 4.