Beld Ryan 4

What Happened
Beld Ryan, EVP Controller and CAO of Associated Banc‑Corp (ASB), surrendered 700 shares on Feb 6, 2026 to satisfy tax withholding obligations tied to the vesting of time‑based restricted stock. The shares were valued at $29.37 each, totaling $20,559. This was a tax‑withholding disposition (internal surrender), not an open‑market sale or a buy.

Key Details

• Transaction date and price: 2026-02-06 at $29.37 per share (700 shares; $20,559 total). Transaction code: F (tax withholding).
• Filing: Report filed Feb 9, 2026 covering the Feb 6, 2026 transaction (no late‑filing indicator shown in the filing).
• Shares owned after transaction: Not specified in the Form 4.
• Footnote: F1 — Shares were surrendered to satisfy tax withholding obligations arising from vesting of time‑based restricted stock granted in 2022, 2023, 2024 & 2025.

Context
This was a routine tax‑withholding share surrender associated with vested RSUs, a common administrative transaction that does not necessarily signal insider buying or directional selling intent. The shares were surrendered to cover taxes rather than sold in an open market by the insider.