Williams Terry Lynn 4
4 · ASSOCIATED BANC-CORP · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Associated Banc-Corp (ASB) CIO Terry Lynn Williams Receives Award
What Happened
Terry Lynn Williams, Chief Information Officer of Associated Banc-Corp (ASB), received an award of 12,002 performance shares on 2026-03-09 valued at $25.08 each (total $301,010). To satisfy tax withholding on the vesting, 3,841 shares were withheld (disposed) at the same price, generating $96,332. Net shares issued to Williams after withholding were 8,161.
Key Details
- Transaction types: A = Award/Grant of performance shares (12,002); F = Shares withheld for tax withholding (3,841).
- Transaction date: 2026-03-09. Price per share reported: $25.08. Values: $301,010 (award) and $96,332 (withheld).
- Shares owned after the transaction: not reported in the filing.
- Footnotes: F1 — these were vested Performance Shares from the 2023 LTIP that cliff-vested after three years in 2026. F2 — shares were withheld to satisfy tax withholding obligations arising from the vesting.
- Filing: Form 4 filed 2026-03-11 reporting the 2026-03-09 transactions.
Context
This was an issuance/vesting of long-term incentive plan (LTIP) performance shares, not an open-market sale. The withholding of shares to cover taxes is a routine administrative step (cashless tax withholding) and does not necessarily signal insider buying or selling intent.
Insider Transaction Report
- Award
Common Stock $0.01 Par Value
[F1]2026-03-09$25.08/sh+12,002$301,010→ 27,693.693 total - Tax Payment
Common Stock $0.01 Par Value
[F2]2026-03-09$25.08/sh−3,841$96,332→ 23,852.693 total
Footnotes (2)
- [F1]Represents vested Performance Shares (LTIP) granted in 2023 and subject to 3-year cliff vesting in 2026.
- [F2]Shares were withheld to satisfy tax withholding obligations arising from vesting of Performance Shares (LTIP) in 2026.