Ludgate Kristen M 4

What Happened
Kristen M. Ludgate, a director of Associated Banc-Corp (ASB), was granted 4,585 restricted stock units (RSUs) on Feb 1, 2026. The grant is reported at a per-share value of $27.26, for a total grant value of $124,987. This transaction is an award/grant (code A), i.e., compensation, not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-02-01; 4,585 RSUs at $27.26 per share (total $124,987).
• Vesting/payment: RSUs become fully vested on the first anniversary of the grant (Feb 1, 2027) and are payable solely in shares unless the insider elected to defer until separation (see footnote).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Report filed Feb 3, 2026 for a Feb 1, 2026 grant — appears timely (within the typical two-business-day reporting window).
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding, or late-filing flags noted in the report.

Context
RSU awards are a common form of director/executive compensation and are typically intended to align holders with long-term shareholder interests; they do not by themselves indicate the insider is buying or selling stock on a market signal. The units will convert to common shares upon vesting (or be deferred per the insider’s election), at which point the insider will receive shares rather than cash.