Ahern Patrick Edward 4
Research Summary
AI-generated summary
Associated Banc-Corp (ASB) EVP Patrick Ahern Receives 10,147 Shares
What Happened
- Patrick Edward Ahern, Executive Vice President of Associated Banc‑Corp (ASB), had 10,147 performance shares vest on March 9, 2026 (valued at $25.08 each, total $254,487). To satisfy withholding taxes from the vesting, 4,496 shares were surrendered (disposed) at $25.08 each, equal to $112,760. Net new shares retained from the vesting were 5,651.
Key Details
- Transaction date: 2026-03-09; filing date: 2026-03-11 (filed within the typical Form 4 reporting window).
- Award: 10,147 shares at $25.08 (value $254,487) — reported as an award/grant (code A).
- Withholding: 4,496 shares withheld to cover taxes at $25.08 (value $112,760) — reported as tax withholding (code F).
- Net shares added: 5,651 (10,147 granted minus 4,496 withheld).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnotes: F1 — these were vested Performance Shares from a 2023 LTIP with 3‑year cliff vesting in 2026; F2 — shares were withheld to satisfy tax withholding obligations.
Context
- This was not an open‑market purchase or sale by the insider but the vesting of previously granted performance shares; withholding to cover taxes is routine and does not necessarily indicate a change in sentiment.