SULLIVAN OWEN J 4
Research Summary
AI-generated summary
Associated Banc-Corp Director Owen J. Sullivan Receives RSU Award
What Happened
Owen J. Sullivan, a director of Associated Banc-Corp (ASB), was granted 4,585 restricted stock units (RSUs) on February 1, 2026. The grant is reported at an acquisition value of $27.26 per share, totaling $124,987. This was an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-01 at an attributed value of $27.26 per share.
- Shares granted: 4,585 RSUs; total reported value $124,987.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Vesting/settlement: Footnote F1 — the RSUs become fully vested on the first anniversary of the Feb 1, 2026 grant and will be paid solely in common stock.
- Filing timeliness: Report filed Feb 3, 2026 for a Feb 1, 2026 grant — appears timely.
Context
RSU grants are compensation and typically indicate executive/director pay alignment with shareholders rather than a direct market bet. These units will convert to shares when they vest (one year), at which point Sullivan will receive common stock rather than cash.