Matthew R. Braeger, who serves as Executive Vice President at Associated Banc-Corp (NASDAQ: ASB), executed a transaction involving the disposal of 5,000 shares of the company’s common stock on June 9, 2026. The total value of the shares sold reached $140,860. The transaction was structured as a block trade, with 4,000 shares transacted at a price of $28.17 per share. An additional 1,000 shares were sold at $28.18 per share. The entire block of shares moved within a narrow price range of $28.17 to $28.18 per share. The timing of this sale is notable given that the stock currently trades at $28.83, a level near its 52-week high of $29.52. According to InvestingPro analysis, the stock remains undervalued with a price-to-earnings (P/E) ratio of 10.02. Associated Banc-Corp also offers a dividend yield of 3.38% to its shareholders.
Following the completion of these transactions, Mr. Braeger’s direct holdings in Associated Banc-Corp common stock stand at 11,777.0966 shares. He also maintains an indirect holding of 786.21 shares through a 401(K) Plan. The details of the transaction were formally reported in a Form 4 filing submitted to the Securities and Exchange Commission on June 10, 2026. For investors seeking deeper insights, InvestingPro offers 7 additional exclusive tips for ASB, including analysis of the company’s 52-year dividend payment streak.
In other recent news, Associated Banc-Corp announced its first-quarter results for 2026, revealing earnings per share (EPS) of $0.70. This figure surpassed analyst expectations, which had projected an EPS of $0.68. Additionally, the company’s revenue slightly exceeded forecasts, coming in at $387.2 million compared to the anticipated $384.5 million. Despite these positive financial results, the company’s stock experienced a decrease in after-hours trading. Analysts have been closely monitoring these developments, noting the company’s ability to outperform earnings and revenue projections. This performance highlights Associated Banc-Corp’s strong start to the year, reflecting positively on its financial management and operational efficiency. Investors will be keen to observe how the company continues to navigate the financial landscape in the coming quarters.