Erickson Randall J. 4
Research Summary
AI-generated summary
Associated Banc‑Corp (ASB) EVP Randall J. Erickson Surrenders 1,543 Shares
What Happened
Randall J. Erickson, Executive Vice President of Associated Banc‑Corp (ASB), surrendered 1,543 shares on 2026-02-08 at $29.37 per share (total ~ $45,318) to satisfy tax withholding obligations. This was not an open‑market sale for investment purposes but a routine disposition tied to vesting of restricted stock.
Key Details
- Transaction date and price: 2026-02-08 — 1,543 shares at $29.37 each (≈ $45,318).
- Transaction code: F (payment of exercise price or tax liability — here used for tax withholding).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Shares were surrendered to satisfy tax withholding from tranche vesting of time‑based restricted stock granted in 2022–2025.
- Filing timeliness: Form 4 filed 2026-02-10 for a 2026-02-08 transaction; no late filing indicated in the provided data.
Context
Surrenders to cover tax withholding are common when restricted stock vests and generally reflect routine administrative dispositions rather than a signal about the insider’s view of the stock. This is not a purchase; it’s a tax-related share surrender tied to prior equity awards.