Associated Banc ASB Insider Ownership

NYSE ASB

$28.62 -0.34 (-1.17%)

As of: Oct 19, 2026 · 3:59 PM EDT

Insider Holdings by Owner

1.90Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

5.27%

▼-1.05% pp QoQ

Shares Held by Insiders

9.95Mn

filed for Sep 2026

▼-16.56% QoQ

Shares Outstanding

188.72Mn

188,718,072 shares

Direct Holdings

1.45Mn

Indirect: 8.50Mn

Net Shares Traded (QoQ)

-1.97Mn

net selling in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 10, 2026

Over the past 12 months, Associated Banc insiders sold $9.95 million of stock on the open market (332.09K shares) and made no open-market purchases.

By number of insiders, Associated Banc saw 10 insiders sell on the open market over the past 12 months and none buy.
Randall J. Erickson (Executive Vice President) was the top open-market seller of Associated Banc over the past 12 months, with $5.03 million sold (164.44K shares) and the latest sale on August 12, 2026.
The newest open-market trade among Associated Banc insiders came on September 3, 2026, when Patrick Edward Ahern (Executive Vice President) made a sale of 1.31K shares for $40,383.
Apart from open-market trades, ASB insiders received 302.94K shares in stock awards, acquired 163.64K shares through option exercises and conversions, gave up 115.36K shares to cover taxes or exercise prices and gave away 3.33Mn shares as gifts in the past 12 months.
Per Business Quant data, Associated Banc insiders hold 9.95Mn shares in total based on their latest Form 4 filings, down 16.56% from 11.92Mn shares at the end of Q2 2026.
Direct holdings account for 1.45Mn shares (14.57%) of ASB's insider total, and indirect holdings through trusts, partnerships and family members for 8.5Mn shares (85.43%).
The insider holdings in Associated Banc belong to 32 insiders who have reported on Form 4 within the past two years.
Associated Banc's three biggest insider holders are Wende L. Kotouc (Director, 8.33Mn shares), Andrew J. Harmening (President & CEO, 399.01K shares) and David L. Stein (Executive Vice President, 154.76K shares), based on their latest Form 4 filings.
Wende L. Kotouc alone accounts for 83.69% of the shares held by Associated Banc insiders.
Institutions held 79.88% of Associated Banc's outstanding shares in their Q2 2026 13F filings, insiders about 5.27% based on their latest Form 4 filings, and other investors, including the public, the remaining 14.85%.
Over the past 12 months, 29 insiders reported transactions in Associated Banc stock in 213 Form 4 filings.
This summary of Associated Banc insider activity covers Form 4 filings through September 18, 2026.

Form 4 Holdings

Insiders Holding ASB

Insiders 39

Shares held 1.90Mn

Of outstanding 1.01%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	Andrew J Harmening	President Ceo	399,009	0	399,009	21.0%	17 Sep, 2026
2	John F Bergstrom	Director	142,008	0	142,008	7.5%	16 Mar, 2022
3	John A. Utz	Executive Vice President	99,202	0	99,202	5.2%	17 Sep, 2026
4	Moral-Niles Christopher Del	Chief Financial Officer	96,985	0	96,985	5.1%	16 Aug, 2022
5	John B Williams	Director	68,194	0	68,194	3.6%	17 Sep, 2026
6	Tammy C. Stadler	Principal Accounting Officer	67,184	0	67,184	3.5%	16 Jul, 2024
7	Derek S. Meyer	Evp, Chief Financial Officer	61,786	0	61,786	3.2%	17 Sep, 2026
8	Lith Karen Van	Director	61,592	0	61,592	3.2%	17 Sep, 2026
9	Angie Dewitt	Executive Vice President	58,993	0	58,993	3.1%	16 May, 2025
10	David L Stein	Executive Vice President	58,710	0	58,710	3.1%	18 Jun, 2025
11	Timothy J Lau	Executive Vice President	57,357	0	57,357	3.0%	23 Feb, 2022
12	Randall J. Erickson	Executive Vice President	56,091	0	56,091	3.0%	13 Aug, 2026
13	Eileen A Kamerick	Director	50,499	0	50,499	2.7%	17 Sep, 2026
14	Robert A Jeffe	Director	48,208	0	48,208	2.5%	17 Mar, 2026
15	Cory L Nettles	Director	47,630	0	47,630	2.5%	17 Sep, 2026
16	Paul Gregory Schmidt	Executive Vice President	47,520	0	47,520	2.5%	11 Feb, 2025
17	Nicole M Kitowski	Executive Vice President	45,375	0	45,375	2.4%	17 Sep, 2026
18	R Jay Gerken	Director	45,178	0	45,178	2.4%	17 Mar, 2026
19	Patrick Edward Ahern	Executive Vice President	15,686	28,057	43,743	2.3%	18 Sep, 2026
20	Bryan Carson	Executive Vice President	38,953	0	38,953	2.0%	11 Mar, 2026
21	Michael Meinolf	Executive Vice President	28,642	0	28,642	1.5%	19 Sep, 2022
22	Gale E Klappa	Director	25,725	0	25,725	1.4%	17 Mar, 2026
23	Terry Lynn Williams	Chief Information Officer	24,412	0	24,412	1.3%	17 Sep, 2026
24	Phillip Trier	Evp	23,638	0	23,638	1.2%	10 Feb, 2026
25	Dennis Deloye	Executive Vice President	21,385	0	21,385	1.1%	27 May, 2026
26	Steven S. Zandpour	Evp	18,705	0	18,705	1.0%	17 Sep, 2026
27	Judith P Greffin	Director	17,879	0	17,879	0.9%	17 Sep, 2026
28	Angela M Kelley	General Counsel Corp Sec'Y	17,385	0	17,385	0.9%	15 Oct, 2026
29	Jayne C Hladio	Evp, President Private Wealth	16,659	0	16,659	0.9%	17 Sep, 2026
30	Julio Manso	Evp, Chro	14,946	0	14,946	0.8%	17 Sep, 2026
31	John P Thayer	Executive Vice President	14,268	0	14,268	0.8%	18 Sep, 2023
32	Rodney Jones-Tyson	Director	13,940	0	13,940	0.7%	17 Sep, 2026
33	Gregory Warsek	Evp	13,844	0	13,844	0.7%	17 Sep, 2026
34	Matthew R Braeger	Executive Vice President	11,777	0	11,777	0.6%	10 Jun, 2026
35	Ryan Beld	Evp Controller And Cao	11,068	0	11,068	0.6%	02 Mar, 2026
36	Kristen M Ludgate	Director	10,121	0	10,121	0.5%	17 Sep, 2026
37	Owen J Sullivan	Director	10,121	0	10,121	0.5%	17 Sep, 2026
38	Michael J Haddad	Director	8,865	0	8,865	0.5%	17 Sep, 2026
39	Wende L Kotouc	Director	3,639	0	3,639	0.2%	17 Sep, 2026

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

7,362 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
13 Oct, 2026	Angela M Kelley	General Counsel Corp Sec'Y	Acquired A	17,385	$28.76	$499.99K	17,385	Direct
17 Sep, 2026	Patrick Edward Ahern	Executive Vice President	Disposed J	28,057	$0.00	$0	15,686	Direct
17 Sep, 2026	Patrick Edward Ahern	Executive Vice President	Acquired J	28,057	$0.00	$0	28,057	Indirect
15 Sep, 2026	Jayne C Hladio	Evp, President Private Wealth	Acquired J	13	$30.17	$387	16,659	Direct
15 Sep, 2026	Kristen M Ludgate	Director	Acquired A	36	$30.32	$1.09K	10,121	Direct
15 Sep, 2026	Derek S. Meyer	Evp, Chief Financial Officer	Acquired A	124	$30.32	$3.76K	61,786	Direct
15 Sep, 2026	Wende L Kotouc	Director	Acquired A	28	$30.32	$849	3,639	Direct
15 Sep, 2026	Andrew J Harmening	President Ceo	Acquired J	2,516	$30.09	$75.71K	399,009	Direct
15 Sep, 2026	Terry Lynn Williams	Chief Information Officer	Acquired J	76	$30.17	$2.29K	24,412	Direct
15 Sep, 2026	Eileen A Kamerick	Director	Acquired A	345	$30.32	$10.46K	50,463	Direct
15 Sep, 2026	Cory L Nettles	Director	Acquired A	36	$30.32	$1.09K	47,295	Direct
15 Sep, 2026	John B Williams	Director	Acquired A	36	$30.32	$1.09K	67,849	Direct
15 Sep, 2026	Steven S. Zandpour	Evp	Acquired J	80	$30.17	$2.41K	18,705	Direct
15 Sep, 2026	Owen J Sullivan	Director	Acquired A	36	$30.32	$1.09K	10,121	Direct
15 Sep, 2026	Lith Karen Van	Director	Acquired A	36	$30.32	$1.09K	61,247	Direct
15 Sep, 2026	Nicole M Kitowski	Executive Vice President	Acquired J	25	$30.17	$755	45,375	Direct
15 Sep, 2026	Judith P Greffin	Director	Acquired A	36	$30.32	$1.09K	17,777	Direct
15 Sep, 2026	Michael J Haddad	Director	Acquired J	33	$30.09	$991	8,829	Direct
15 Sep, 2026	John A. Utz	Executive Vice President	Acquired J	45	$30.17	$1.35K	98,774	Direct
15 Sep, 2026	Rodney Jones-Tyson	Director	Acquired A	36	$30.32	$1.09K	13,940	Direct

Showing 1 to 20 of 7,362 transactions