Meyer Derek S. 4
Research Summary
AI-generated summary
Associated Banc‑Corp (ASB) CFO Derek Meyer Sells 1,292 Shares
What Happened
- Derek S. Meyer, Chief Financial Officer of Associated Banc‑Corp (ASB), had 1,292 shares disposed on Feb 8, 2026 at $29.37/share (total $37,946) to satisfy tax-withholding obligations. On the same date he was credited with 148 shares at $29.37/share (total $4,347) related to vesting of restricted stock awards.
Key Details
- Transaction dates and prices: Feb 8, 2026 — 1,292 shares disposed @ $29.37; 148 shares acquired @ $29.37.
- Reason for disposition: Shares were surrendered to cover tax withholding tied to vesting of time‑based restricted stock (footnote F1).
- Additional detail: Dividend equivalent units were earned on vested shares; some were elected to be deferred into the executive’s Deferred Compensation Plan (footnote F2).
- Shares owned after transaction: Not specified in the provided filing details.
- Filing timing: Report filed Feb 10, 2026 for transactions on Feb 8, 2026 (appears within the typical 2‑business‑day Form 4 reporting window).
Context
- These transactions are compensation‑related (vesting and related tax withholding), a routine administrative step rather than an open‑market sale for investment reasons. The net effect was a surrender of shares to cover taxes while receiving a smaller number of vested shares and dividend equivalents.