Ahern Patrick Edward 4

What Happened

• Patrick Edward Ahern, Executive Vice President of Associated Banc‑Corp (ASB), exercised 11,193 stock options at $26.00 per share (cost $291,018) on 2026-02-10 and then sold those 11,193 shares in the open market at $29.04 for $325,045. On the same day he also sold an additional 3,538 shares in the open market at $29.01 for $102,637. Total open‑market sales were $427,682. The filing shows the derivative position for 11,193 shares was converted/disposed, consistent with exercise and sale.

Key Details

• Transaction date: 2026-02-10; filing date: 2026-02-11 (filed next day, timely).
• Exercise: 11,193 shares at $26.00 — total cost $291,018 (code M, acquired).
• Sales: 11,193 shares at $29.04 — $325,045; 3,538 shares at $29.01 — $102,637 (both code S, disposed).
• Derivative entry: 11,193 shares disposed at $0.00 reflects conversion/exercise of the option.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: F1 — option vests in four equal annual installments beginning 2/8/2018.

Context

• This appears to be an option exercise followed by immediate open‑market sales (a cashless or same‑day disposition), producing net proceeds of roughly $136,664 (sales $427,682 minus exercise cost $291,018). Exercises and subsequent sales are common for executives to realize gains or cover tax/option costs; they do not by themselves indicate a change in company outlook.