Ludgate Kristen M 4

What Happened

• Kristen M. Ludgate, a director of Associated Banc‑Corp (ticker: ASB), received a grant/award of 44 shares (transaction code A) on 2026-03-16. The award was recorded at $24.59 per share, for a total value of approximately $1,082. This was an equity award (compensation), not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-03-16 at $24.59 per share (44 shares; ~$1,082 total).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — these are dividend equivalent units that vest on the first anniversary of the related restricted stock units and are payable solely in shares upon vesting (subject to any deferral election).
• Filing timeliness: Report filed 2026-03-17 for the 2026-03-16 transaction — within the typical Form 4 reporting window (no late‑filing indication provided).

Context

• This transaction is an equity award (common for director compensation) and should be viewed as routine compensation rather than a direct buy or sell signal. The footnote indicates some units are dividend equivalents that convert to shares at vesting, so additional shares may be issued at the one‑year vesting date if not deferred.