ASSOCIATED BANC-CORP·4

Mar 11, 1:10 PM ET

Carson Bryan 4

Research Summary

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Associated Banc‑Corp EVP Carson Bryan Receives LTIP Shares

What Happened
Carson Bryan, Executive Vice President of Associated Banc‑Corp (ASB), received 10,503 performance shares (an award/acquisition) that vested on 2026-03-09 at an indicated price of $25.08 per share, valued at $263,415. To satisfy tax withholding obligations related to the vesting, 3,361 shares were withheld (disposed) at the same $25.08 per‑share value, equal to $84,294. This was an award/vesting event from a previously granted LTIP rather than an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-03-09; Form 4 filed 2026-03-11 (filed timely).
  • Award (Code A): 10,503 shares x $25.08 = $263,415 (acquired via vesting).
  • Tax withholding (Code F): 3,361 shares x $25.08 = $84,294 (shares withheld to cover taxes).
  • Shares owned after transaction: not disclosed in the provided filing.
  • Footnotes: F1 = these were vested Performance Shares granted in 2023 under a 3‑year cliff LTIP; F2 = shares were withheld to satisfy tax withholding on vesting.
  • Transaction types: A = Award/Acquisition; F = Tax withholding (not an open‑market sale).

Context
This was a routine vesting of long‑term incentive plan (LTIP) performance shares (3‑year cliff vesting from a 2023 grant). The withholding of shares for taxes is a common administrative step and is not the same as an executive selling shares on the open market; it typically does not signal a change in insider sentiment.