Associated Banc (ASB) EVP Steven S. Zandpour Buys 74.967 Shares via ESPP
$ASB · ASSOCIATED BANC-CORPResearch Summary
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Associated Banc (ASB) EVP Steven S. Zandpour Buys 74.967 Shares via ESPP
What Happened
Steven S. Zandpour, Executive Vice President of Associated Banc-Corp (ASB), acquired 74.967 shares on 2026-08-17 at $32.21 per share, for a total cost of about $2,415. The transaction is reported as an "other acquisition or disposition (J)" on the Form 4 but the filing footnote clarifies the shares were purchased through the issuer’s Employee Stock Purchase Plan (ESPP). This was a purchase, not a sale.
Key Details
- Transaction date: 2026-08-17; filing date: 2026-08-18 (filed one day after the transaction).
- Price per share: $32.21; shares acquired: 74.967; total value ≈ $2,415.
- Footnote: Shares were purchased within the Issuer's Employee Stock Purchase Plan (F1).
- Shares owned after the transaction: not provided in the supplied filing details.
- Timeliness: Filed the day after the transaction, which is within the normal Form 4 reporting window (not marked late).
Context
ESPP purchases are routine employee transactions that allow eligible employees to buy company stock, sometimes at a discount; they are generally treated as ordinary compensation-related buys rather than strong directional signals. The dollar amount here is modest (~$2.4k), reflecting a routine payroll-period purchase rather than a large-scale insider accumulation.