Associated Banc-Corp (ASB) Director Cory L. Nettles Receives Award

What Happened

Cory L. Nettles, a director of Associated Banc‑Corp (ASB), was granted a total of 371 shares on 2026-09-15 as awards (transaction code A). The filing shows two grants: 36 shares at $30.32 each (value $1,092) and 335 shares at $30.32 each (value $10,157), for a combined value of $11,249. This was an award/grant—not an open‑market purchase or sale—and is typically part of director compensation.

Key Details

• Transaction date: 2026-09-15; filing date: 2026-09-17 (appears timely).
• Grants: 36 shares @ $30.32 ($1,092) and 335 shares @ $30.32 ($10,157); total 371 shares, $11,249.
• Transaction code: A (award/grant/acquisition).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Relevant footnotes from the filing:
  • F1: Dividend equivalent units that vest one year after the related RSU grant and pay out in shares on vesting (unless deferred).
  • F2: Fully vested dividend equivalents tied to RSUs that are payable in shares after the director stops serving.
  • F3: Stock units reported as 100% vested at acquisition.
  • F4: Phantom stock units held in the Director’s Deferred Compensation Plan until distributed per the director’s elections.
• No 10b5‑1 plan, tax‑withholding sale, or late‑filing flag was indicated in the provided data.

Context

These grants are compensation awards to a non‑executive director rather than market purchases or insider selling. Some of the units granted are immediately vested stock units (F3), which means immediate ownership, while others are dividend equivalents or phantom units that vest or pay out later (F1, F2, F4) and may be deferred under the director’s compensation plan. Awards like these are common for board service and do not by themselves indicate a change in the director’s market view.