Utz John A. 4

What Happened

• John A. Utz, Executive Vice President of Associated Banc‑Corp (ASB), had 2,282 shares surrendered to satisfy tax withholding related to vesting of time‑based restricted stock (disposed at $29.37 each, $67,022 total). He also acquired 79 shares at $29.37 each (valued at $2,320) as dividend-equivalent units or other award.

Key Details

• Transaction date(s): February 8, 2026. Filing date: February 10, 2026 (reports cover Feb 8 transactions).
• Prices and values: Disposed 2,282 shares @ $29.37 = $67,022; Acquired 79 shares @ $29.37 = $2,320.
• Net effect: Net decrease of 2,203 shares (2,282 surrendered minus 79 acquired).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — shares surrendered as tax withholding for RSU vesting from grants in 2022–2025; F2 — 79 acquired shares are dividend equivalent units, a portion deferred to the Executive’s Deferred Compensation Plan.
• Filing timeliness: Filing date is Feb 10, 2026 for Feb 8 transactions; no late filing flag is indicated.

Context

• The 2,282-share disposition was a tax-withholding action tied to RSU vesting (routine and administrative), not an open-market sale to take profits. The 79-share acquisition reflects dividend-equivalent units/award treatment and may be deferred under the executive’s compensation plan. These types of filings typically reflect compensation mechanics rather than a clear buy/sell signal about company prospects.