ZANDPOUR STEVEN S. 4
Research Summary
AI-generated summary
Associated Banc-Corp (ASB) EVP Steven Zandpour Buys 79 Shares via ESPP
What Happened
Steven S. Zandpour, an Executive Vice President at Associated Banc‑Corp (ASB), acquired 78.804 shares on 2026-07-15 at $30.64 per share, for a total cost of about $2,415. This was an employee purchase (not a sale), meaning Zandpour added to his holdings rather than reducing them.
Key Details
- Transaction date and price: 2026-07-15 at $30.64 per share. Total value ≈ $2,415.
- Transaction type: Code J — "Other acquisition"; footnote clarifies shares were purchased under the Issuer's Employee Stock Purchase Plan (ESPP).
- Shares acquired: 78.804 (fractional shares typical for ESPP purchases).
- Shares owned after transaction: Not reported on the Form 4 (not provided in filing).
- Filing timeliness: Form 4 was filed 2026-07-16 (next day), which is timely under Form 4 reporting rules.
Context
Purchases via an ESPP are routine compensation-related transactions where employees buy company stock, often at a discount; they are generally not firm indicators of broader insider sentiment. The amount here is modest (~$2.4k), so this should be viewed as a routine employee purchase rather than a material insider move.