Nettles Cory L 4

What Happened

• Cory L. Nettles, a director of Associated Banc‑Corp (ASB), was granted/received stock awards on 2026-06-15. Two award entries were reported: 38 shares at $29.22 ($1,110) and 344 shares at $29.22 ($10,052), totaling 382 shares worth about $11,162.
• These were acquisitions via award/grant (Form 4 code A), not open‑market purchases or sales—typical of routine director compensation rather than a market trade signal.

Key Details

• Transaction date: 2026-06-15; Filing date: 2026-06-17 (timely filing).
• Price reported: $29.22 per share; total value ≈ $11,162.
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes of note:
  • F1: Dividend equivalent units vest one year after the related RSU grant and are payable in shares upon vesting (may be deferred).
  • F2: Fully vested dividend equivalents on RSUs payable in shares after the director leaves service.
  • F3: Stock units are 100% vested at acquisition (available immediately).
  • F4: Phantom stock units remain in the Director’s Deferred Compensation Plan until distributed per the director’s elections.
• Transaction type: Award/grant (A). No evidence of sales, option exercises, or 10b5‑1 plan.

Context

• Awards to directors are common compensation and do not necessarily indicate the director is buying or selling based on future expectations.
• Because F3 indicates these stock units are 100% vested at acquisition, Nettles can convert them to shares immediately; dividend equivalents and deferred phantom units have separate timing rules as noted above.