DeLoye Dennis 4
4 · ASSOCIATED BANC-CORP · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Associated Banc-Corp EVP DeLoye Dennis Exercises Options, Sells Shares
What Happened DeLoye Dennis, Executive Vice President of Associated Banc‑Corp (ASB), exercised stock options to acquire 14,299 shares on 2026-05-26 and immediately sold those same 14,299 shares in the open market. The options exercises show cash payments of $123,500 (5,000 shares at $24.70) and $241,774 (9,299 shares at $26.00) — total exercise cost $365,274. The open‑market sales generated gross proceeds of $141,300 (5,000 shares) and $262,790 (9,299 shares) — total proceeds $404,090. The filing also includes derivative dispositions recorded at $0.00 for the same share amounts, which reflect settlement/surrender entries related to the option exercises.
Key Details
- Transaction date: 2026-05-26; Form filed 2026-05-27 (timely).
- Exercises (code M): 5,000 shares @ $24.70 ($123,500) and 9,299 shares @ $26.00 ($241,774).
- Sales (code S): 5,000 shares and 9,299 shares sold at a weighted average price of $28.26; gross proceeds ~$404,090. Per footnotes, sale prices ranged from $28.215 to $28.315.
- Derivative dispositions: two entries for 5,000 and 9,299 shares at $0.00 (recorded as derivative dispositions related to the exercises).
- Shares owned after the transactions: not specified in the provided excerpt.
- Footnotes: Options vesting schedules referenced (vesting in four equal annual installments beginning 2/8/2019 and 2/8/2018). The filer offers to provide per‑trade price breakdowns on request.
Context
- This was an option exercise followed by immediate sale (a cashless or simultaneous sale pattern). The company records both the option exercise and the sale; separate $0.00 derivative disposals likely reflect shares surrendered/settled as part of the exercise or tax withholding.
- Financials from the filing: exercise cost ≈ $365,274, gross sale proceeds ≈ $404,090, difference ≈ $38,816 (before taxes, commissions, or other fees).
- These kinds of transactions are common for executives exercising vested options; they are factual disclosures of activity, not explicit signals of future company performance.
Insider Transaction Report
- Exercise/Conversion
Common Stock $0.01 Par Value
2026-05-26$24.70/sh+5,000$123,500→ 26,385.3 total - Exercise/Conversion
Common Stock $0.01 Par Value
2026-05-26$26.00/sh+9,299$241,774→ 35,684.3 total - Sale
Common Stock $0.01 Par Value
[F1]2026-05-26$28.26/sh−5,000$141,300→ 30,684.3 total - Sale
Common Stock $0.01 Par Value
[F2]2026-05-26$28.26/sh−9,299$262,790→ 21,385.3 total - Exercise/Conversion
Non-qualified Stock Option (Right to Buy)
[F3]2026-05-26−5,000→ 5,429 totalExercise: $24.70Exp: 2028-03-01→ Common Stock $0.01 Par Value (5,000 underlying) - Exercise/Conversion
Non-qualified Stock Option (Right to Buy)
[F4]2026-05-26−9,299→ 0 totalExercise: $26.00Exp: 2027-02-27→ Common Stock $0.01 Par Value (9,299 underlying)
Footnotes (4)
- [F1]The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.215 to $28.315, inclusive. The reporting person undertakes to provide to Associated Banc-Corp, any security holders of Associated Banc-Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes above.
- [F2]The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.215 to $28.315, inclusive. The reporting person undertakes to provide to Associated Banc-Corp, any security holders of Associated Banc-Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes above.
- [F3]Options vest in four equal annual installments beginning 2/8/2019.
- [F4]Options vest in four equal annual installments beginning 2/8/2018.