ASB Director R. Jay Gerken Receives 384 Shares (Award)

What Happened R. Jay Gerken, a director of Associated Banc‑Corp (ASB), was granted a total of 384 shares on March 16, 2026. The Form 4 reports two award entries: 44 shares and 340 shares, each priced at $24.59, totaling $9,443. These are reported as acquisitions via grant/award (transaction code A), not open‑market purchases or sales.

Key Details

• Transaction date: 2026-03-16; Filing date: 2026-03-17 (Form 4 filed timely).
• Grants: 44 shares @ $24.59 = $1,082; 340 shares @ $24.59 = $8,361; combined = 384 shares @ $24.59 = $9,443.
• Shares owned after transaction: Not disclosed in the filing.
• Transaction code: A (award/grant/acquisition).
• Footnotes: F1 — dividend equivalent units vest on the first anniversary of the related restricted stock units and are payable solely in shares upon vesting (subject to deferral); F2 — fully vested dividend equivalents received on RSUs are payable in shares following the date the director ceases service.
• No indication of a 10b5‑1 plan, tax‑withholding sale, or late filing in this report.

Context These grants appear to be non‑cash compensation (awards/dividend equivalent units) tied to restricted stock units, some of which may vest over time or be payable only upon cessation of directorship. Such awards are routine components of director compensation and do not represent an open‑market purchase or sale that directly signals the insider’s near‑term market view.