Kitowski Nicole M 4

What Happened Nicole M. Kitowski, Executive Vice President of Associated Banc-Corp (ASB), received 11,477 performance shares (LTIP) that vested on March 9, 2026, valued at $25.08 each for a gross value of $287,843. To satisfy tax withholding obligations, 5,395 of those shares were withheld (disposed) at the same $25.08 price, representing about $135,307 in withholding. Net of the withholding, Kitowski received 6,082 shares (approximately $152,537).

Key Details

• Transaction dates: March 9, 2026 (vesting and withholding); Form 4 filed March 11, 2026 (timely).
• Prices and values: 11,477 shares @ $25.08 = $287,843 (award); 5,395 shares @ $25.08 = $135,307 (withheld).
• Net shares retained: 6,082 shares (≈ $152,537) after tax withholding.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F1 — these were vested Performance Shares (LTIP) granted in 2023 subject to 3-year cliff vesting in 2026. F2 — shares were withheld to satisfy tax withholding on vesting.
• Filing timeliness: Filed within standard Form 4 timing (not marked late).

Context This was an award/vesting of previously granted long-term incentive performance shares, not an open-market purchase or sale. The withholding of shares to cover taxes is a routine administrative step (a cashless/withholding settlement) and does not by itself indicate a change in the insider’s market view.