ZANDPOUR STEVEN S. 4

What Happened Steven S. Zandpour, Executive Vice President of Associated Banc‑Corp (ASB), acquired 81.866 shares on 2026-06-15 at $29.49 per share for a total of $2,415. The filing classifies the transaction as an "other acquisition" (code J), and a footnote states the shares were purchased through the issuer’s Employee Stock Purchase Plan (ESPP). This is a purchase (not a sale), which is typically more informative for investors than routine sell transactions.

Key Details

• Transaction date: 2026-06-15; File date: 2026-06-17 (filed timely).
• Price: $29.49 per share; Shares acquired: 81.866; Total value: $2,415.
• Transaction code: J (other acquisition); footnote F1: purchased under the Issuer's Employee Stock Purchase Plan (ESPP).
• Shares owned after the transaction: not disclosed in the provided filing.
• This was a payroll/ESPP purchase (not an option exercise, gift, or open‑market trade).

Context ESPP purchases are routine payroll-deducted buys that often occur at scheduled offering/purchase dates and can include discounts; they do not necessarily indicate a material change in insider sentiment. The dollar amount here is relatively small (~$2.4K), consistent with an employee purchase rather than a large bullish stake.