Meyer Derek S. 4

What Happened
Derek S. Meyer, Chief Financial Officer of Associated Banc‑Corp (ASB), had performance-share awards vest on 2026-03-09. The filing shows three award entries totaling 19,446 shares (9,190 + 9,190 + 1,066) at $25.08 per share, valued at about $487,705. To satisfy tax withholding on the vesting, 4,320 shares were withheld/disposed (4,320 × $25.08 ≈ $108,346), leaving a net of about 15,126 shares retained (net value ≈ $379,359).

Key Details

• Transaction date: 2026-03-09; filing date: 2026-03-11 (appears timely).
• Award pricing shown at $25.08 per share.
• Grants/vests: 9,190 shares (F1), another 9,190 shares (F2), and 1,066 shares (A) — total 19,446 shares (~$487,705).
• Tax withholding/disposition: 4,320 shares withheld to satisfy tax obligations (F3) — ~$108,346.
• Net shares retained after withholding: 15,126 shares ($379,359).
• Notable footnotes: F1/F2 = vested Performance Shares from 2023 LTIP with 3‑year cliff vesting in 2026; F2 indicates a portion was elected to be deferred into the Executive’s Deferred Compensation Plan; F3 = shares withheld for taxes; F4 = dividend equivalent units on vested performance shares (some deferred).
• Shares owned after the transaction are not specified in the provided extract.

Context
These were vesting LTIP (performance share) awards, not open‑market purchases or sales. The share withholding is a routine tax-withholding action common when restricted or performance shares vest. A portion of the vested award and dividend equivalents may remain in the executive’s deferred compensation plan per the reporting person’s election.