Warsek Gregory 4
Research Summary
AI-generated summary
Associated Banc-Corp (ASB) EVP Gregory Warsek Receives Award
What Happened
Gregory Warsek, Executive Vice President of Associated Banc‑Corp (ASB), received a grant of 3,485 time‑based restricted stock units (TRSUs) on 2026-02-01. The award was reported at a per‑share value of $27.26, totaling $95,001. This is an equity compensation grant (award), not an open‑market purchase or sale.
Key Details
- Transaction type: Award/Grant (code A) — Time‑Based Restricted Stock Units (TRSUs)
- Date and valuation: 2026-02-01; $27.26 per share; 3,485 shares; total $95,001
- Vesting: TRSUs vest in four equal annual installments beginning February 8, 2027 (per footnote).
- Deferral: Reporting person elected to defer distributions upon vesting; units will remain in the Executive's Deferred Compensation Plan until distributed per the election on file.
- Shares owned after transaction: Not specified in the provided excerpt.
- Filing: Form 4 filed 2026-02-03 (period ended 2026-02-01); appears to be timely.
Context
TRSUs are a form of compensation that vest over time and typically serve to retain executives; they do not represent an immediate purchase or sale of stock. Because the award is deferred, Mr. Warsek will not receive distributions until each tranche vests and his deferral elections are applied. Awards are common executive pay components and should be viewed as compensation rather than a direct signal of insider buying or selling.