Harmening Andrew J 4

What Happened Andrew J. Harmening, President & CEO and Director of Associated Banc‑Corp (ASB), surrendered 13,528 shares on 2026-02-08 to satisfy tax withholding obligations. The shares were valued at $29.37 each, for a total of approximately $397,317. This was a tax-withholding surrender tied to vested restricted stock (not an open-market sale or a purchase).

Key Details

• Transaction date: 2026-02-08; reported on Form 4 filed 2026-02-10 (timely filing).
• Price per share: $29.37; Shares surrendered/disposed: 13,528; Total value ≈ $397,317.
• Transaction code: F (payment of exercise price or tax liability — here used for tax withholding).
• Footnote: Shares were surrendered to satisfy tax withholding from tranche vesting of time‑based restricted stock granted in 2022, 2023, 2024 & 2025.
• Shares owned after the transaction: Not specified in the provided filing data.

Context This was a routine tax-withholding transaction related to RSU vesting, where shares are surrendered (or netted) to cover taxes. Such transactions are common for executives receiving equity compensation and generally do not signal a deliberate buy or sell decision about the stock; outright purchases are typically more informative about insider sentiment.