GERKEN R JAY 4

What Happened

• R. Jay Gerken, a director of Associated Banc‑Corp (ASB), was granted/acquired 4,585 stock-related units on February 1, 2026. The grant is reported at $27.26 per share, totaling approximately $124,987. This was an award/grant (compensation), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-01; Form 4 filed: 2026-02-03 (timely filing).
• Quantity and valuation: 4,585 units @ $27.26 each = ~$124,987.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes from the filing:
  • F1: Restricted Stock Units will fully vest on the first anniversary of the Feb 1, 2026 grant and are payable in shares unless Gerken elected to defer until separation.
  • F2: Certain stock units are 100% vested at acquisition.
  • F3: Phantom stock units will remain in the Insider Stock Plan Services plan until separation and be distributed per the insider’s distribution election on file.
• Transaction type code: A = Award/Grant (compensation), not a market purchase (P) or sale (S).

Context

• This is a compensation grant (awarded units) rather than a buy/sell that signals immediate insider market sentiment. Vesting and distribution terms (RSUs vs. vested stock vs. phantom units) determine when and how shares will be delivered, which can affect when the director actually owns tradable shares.