VAN LITH KAREN 4
Research Summary
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ASB Director Karen Van Lith Receives 393-Share Award
What Happened Karen Van Lith, a director of Associated Banc‑Corp (ticker: ASB), was granted equity awards on June 15, 2026. The filing shows two acquisitions: 38 shares at $29.22 each (value $1,110) and 355 shares at $29.22 each (value $10,373), for a total of 393 shares valued at approximately $11,483. Transaction code "A" indicates these were grants/awards (company compensation), not open‑market purchases or sales.
Key Details
- Transaction date: 2026-06-15; filing date: 2026-06-17 (timely filing).
- Prices and values: 38 shares @ $29.22 = $1,110; 355 shares @ $29.22 = $10,373; total ≈ $11,483.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes in the filing note different award types and rules:
- F1: Dividend equivalent units vest one year after the related RSU grant and pay out in shares.
- F2: Some dividend equivalents are payable in shares after the director leaves service.
- F3: Some stock units are 100% vested at acquisition (immediately owned).
- F4: Phantom stock units remain in the director’s nonqualified benefit plan until distributed per election.
- Transaction type: Award/Grant (A) — typically routine equity compensation for directors, not a market buy or sell.
Context Equity grants to directors are commonly part of compensation and do not necessarily signal the director buying or selling based on conviction. The footnotes indicate a mix of immediately vested units and units subject to vesting or distribution rules, so some of the reported units may be payable later or held in a plan rather than sold immediately.