DeLoye Dennis 4

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.