The insider selling is routine in both absolute and relative terms, with no material signal for the stock. Monitor the next quarterly filing for any change in insider behavior, but no immediate action is warranted.
Price Chart
Executive Summary
Three executive vice presidents at Associated Banc-Corp sold a total of $4.70M in open-market shares over a 7-day window, including the CFO and two other EVPs. The sales represent 0.08% of the $6.0B market cap, falling below the 0.1% materiality threshold, and are likely driven by routine portfolio diversification or option exercise-related tax planning rather than a bearish signal. The cluster is a sell cluster, which per academic literature is weakly predictive, and the dollar amount is trivial relative to market cap, warranting a neutral sentiment with low impact.
Key Financial Metrics
Key Facts
- Three EVPs sold shares totaling $4.70M in open-market transactions between July 28 and August 4, 2026.
- Sales include CFO Derek S. Meyer ($307K), EVP Randall J. Erickson ($2.79M), and EVP John A. Utz ($1.41M).
- Total open-market sales represent approximately 0.08% of ASB's $6.0B market cap, below the 0.1% materiality threshold.
- Erickson and Utz also exercised stock options (non-cash and cash-settled) concurrent with their sales, suggesting tax-motivated selling.
Financial Impact
Total open-market sales of $4.70M represent 0.08% of market cap — trivial and routine for a $6.0B bank.
Risk Factors
- Insider selling could accelerate if the stock appreciates further, but current levels are not alarming.
- No evidence of a negative catalyst — the cluster is likely liquidity-driven.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ASB-1785957932902 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | Institutional Cluster | $30.21 | awaiting T+20 | — | $30.15 (−0.20%) |
Oct 22, 2026 4d ago | 8-K | $30.21 | awaiting T+20 | — | $30.15 (−0.20%) |
Oct 22, 2026 4d ago | Press Release | $30.21 | awaiting T+20 | — | $30.15 (−0.20%) |
Oct 1, 2026 25d ago | Press Release | $29.00 | awaiting T+20 | — | $30.15 (+3.97%) |
Sep 14, 2026 6w ago | 8-K | $30.32 $28.56 | ▼ −5.80% | ▼ −8.53% | $30.15 (−0.56%) |
Sep 2, 2026 7w ago | Press Release | $30.91 $29.00 | ▼ −6.18% | ▼ −4.99% | $30.15 (−2.46%) |
Aug 13, 2026 10w ago | Insider Cluster | $32.16 $30.04 | ▼ −6.59% | ▼ −4.84% | $30.15 (−6.25%) |
Aug 13, 2026 10w ago | Insider Cluster | $32.16 $30.04 | ▼ −6.59% | ▼ −4.84% | $30.15 (−6.25%) |
Aug 13, 2026 10w ago | Insider Cluster | $32.16 $30.04 | ▼ −6.59% | ▼ −4.84% | $30.15 (−6.25%) |
Aug 5, 2026 11w ago | Insider Cluster | $31.53 $30.58 | ▼ −3.01% | ▼ −2.41% | $30.15 (−4.38%) |
US Market Status
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