ZANDPOUR STEVEN S. 4

What Happened Steven S. Zandpour, Executive Vice President of Associated Banc‑Corp (ASB), acquired 88.425 shares on 2026-05-15 at $27.31 per share for a total of $2,415. The Form 4 reports the transaction as code J ("other acquisition or disposition") and the filing notes the shares were purchased through the issuer's Employee Stock Purchase Plan (ESPP).

Key Details

• Transaction date: 2026-05-15
• Price per share: $27.31; Shares acquired: 88.425; Total value: $2,415 (rounded)
• Transaction code: J (other acquisition/disposition) — footnote clarifies ESPP purchase
• Shares owned after transaction: Not disclosed in the Form 4
• Filing date: 2026-05-18 — filed by the reporting deadline (no late filing indicated)
• Footnote: F1 — purchase made via the company's Employee Stock Purchase Plan

Context Purchases through an ESPP are typically routine payroll-deduction buys that allow employees to accumulate company stock; fractional shares are common. While insider purchases can be a positive signal, this was a relatively small-dollar ESPP transaction and may reflect normal participation rather than a material endorsement of the company.