Haddad Michael J 4
Research Summary
AI-generated summary
Associated Banc‑Corp (ASB) Director Michael Haddad Receives RSU Award
What Happened
- Michael J. Haddad, a director of Associated Banc‑Corp (ASB), was granted 4,585 restricted stock units (RSUs) on February 1, 2026. The grant is reported at $27.26 per share, with a total reported value of $124,987. This was an award/compensation grant (not a market purchase or sale).
Key Details
- Transaction date and price: 2026-02-01 at $27.26 per share (total $124,987).
- Shares acquired: 4,585 RSUs.
- Shares owned after transaction: Not specified in the provided Form 4 excerpt.
- Filing date: Form 4 filed 2026-02-03 (period of report 2026-02-01); appears to be filed within the usual two‑business‑day window.
- Footnotes from the filing:
- F1: The restricted stock units will become fully vested on the first anniversary of the 2/1/2026 grant and are payable in common stock unless the insider elected to defer.
- F2: Some stock units reported are 100% vested at acquisition.
- F3: Phantom stock units (if any) remain in the director’s Deferred Compensation Plan until distributed per the director’s distribution elections on file.
Context
- RSU grants are typically compensation and do not by themselves signal buying or selling intent; value is realized when units vest and are delivered (or taxed) according to the director’s elections.
- If the director elected deferral, payout timing may be delayed and could be in shares or held as phantom units in a deferred comp plan.