Associated Banc-Corp Files 8-K with Shareholder Votes & Financials
Ticker: ASBA · Form: 8-K · Filed: May 2, 2024 · CIK: 7789
| Field | Detail |
|---|---|
| Company | Associated Banc-Corp (ASBA) |
| Form Type | 8-K |
| Filed Date | May 2, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, financial-reporting, debt-issuance
Related Tickers: ASB
TL;DR
ASB filed an 8-K detailing shareholder votes and financial exhibits, including preferred stock and subordinated notes.
AI Summary
Associated Banc-Corp filed an 8-K on April 30, 2024, reporting on matters submitted to a vote of security holders and other events. The filing includes financial statements and exhibits, with specific details on common stock, Series E and F Preferred Stock, and Fixed Rate 6.625% Subordinated Notes due 2033.
Why It Matters
This filing provides crucial updates on shareholder decisions and financial reporting for Associated Banc-Corp, impacting investor understanding of the company's governance and financial health.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate events and financial information, not indicating any immediate operational or financial distress.
Key Numbers
- 6.625% — Interest Rate (On Fixed Rate Subordinated Notes due 2033)
- 2033 — Maturity Year (For Fixed Rate Subordinated Notes)
Key Players & Entities
- Associated Banc-Corp (company) — Registrant
- Wisconsin (location) — State of incorporation
- 6.625% (dollar_amount) — Interest rate on subordinated notes
- 2033 (date) — Maturity year of subordinated notes
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates 'Submission of Matters to a Vote of Security Holders' as an item, but the specific details of these matters are not elaborated in the provided text.
What types of financial statements and exhibits are included in this filing?
The filing mentions 'Financial Statements and Exhibits' as an item, and specifically lists common stock, Series E Preferred Stock, Series F Preferred Stock, and Fixed Rate 6.625% Subordinated Notes due 2033.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated April 30, 2024.
What is Associated Banc-Corp's state of incorporation and IRS number?
Associated Banc-Corp is incorporated in Wisconsin and has an IRS number of 39-1098068.
What is the ticker symbol for Associated Banc-Corp?
While not explicitly stated in the provided text, Associated Banc-Corp is commonly traded under the ticker ASB on the New York Stock Exchange (NYSE).
Filing Stats: 840 words · 3 min read · ~3 pages · Grade level 10.6 · Accepted 2024-05-02 16:11:52
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share ASB The New York Stock Exch
Filing Documents
- tm2413278d1_8k.htm (8-K) — 58KB
- tm2413278d1_ex99-1.htm (EX-99.1) — 13KB
- tm2413278d1_ex99-1img001.jpg (GRAPHIC) — 13KB
- 0001104659-24-056390.txt ( ) — 326KB
- asb-20240430.xsd (EX-101.SCH) — 4KB
- asb-20240430_def.xml (EX-101.DEF) — 28KB
- asb-20240430_lab.xml (EX-101.LAB) — 39KB
- asb-20240430_pre.xml (EX-101.PRE) — 27KB
- tm2413278d1_8k_htm.xml (XML) — 8KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On April 30, 2024, Associated Banc-Corp (the "Company") conducted its 2024 Annual Meeting of Shareholders. The results of the matters submitted to a shareholder vote at the Annual Meeting were as follows: (1) Election of the below-named nominees to the Board of Directors of the Company: Nominee Number of Votes FOR Number of Votes Withheld Broker Non- Votes R. Jay Gerken 119,824,991 754,595 12,604,797 Judith P. Greffin 119,885,289 694,297 12,604,797 Michael J. Haddad 119,948,252 631,334 12,604,797 Andrew J. Harmening 119,221,476 1,358,110 12,604,797 Robert A. Jeffe 118,318,629 2,260,957 12,604,797 Rodney Jones-Tyson 119,792,924 786,662 12,604,797 Eileen A. Kamerick 115,080,850 5,498,736 12,604,797 Gale E. Klappa 117,473,715 3,105,871 12,604,797 Cory L. Nettles 117,672,020 2,907,566 12,604,797 Karen T. van Lith 118,416,305 2,163,281 12,604,797 John (Jay) B. Williams 118,802,904 1,776,682 12,604,797 Each of the nominees was elected by the Company's shareholders. (2) Advisory approval of Associated Banc-Corp's named executive officer compensation: Number of Votes FOR Number of Votes Against Withheld/Abstentions Broker Non-Votes 116,651,951 3,099,086 828,549 12,604,797 The matter was approved by the Company's shareholders. (3) Advisory vote on the frequency of votes on advisory approval of the Company's named executive officer compensation: One Year Two Years Three Years Withheld/Abstentions 107,602,787 591,516 12,012,277 373,006 The Company's shareholders approved one year as the frequency of shareholder votes on the Company's named executive officer compensation. Consistent with the recommendation by the Board of Directors of the Company (the "Board") and in light of the vote of the Company's shareholders on this proposal, the Board has determined that the Company will hold an advisory vot
01. Other Events
Item 8.01. Other Events. On April 30, 2024, the Board declared a dividend on the Company's outstanding common stock; outstanding 5.875% Preferred Stock, Series E Depositary Shares; and outstanding 6.125% Series F Depositary Shares. The press release issued by the Company on April 30, 2024, relating to the foregoing information is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release dated April 30, 2024 104 Cover Page Interactive Data File the cover page XBRL tags are embedded within the Inline XBRL document 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Associated Banc-Corp (Registrant) Date: May 2, 2024 By: /s/ Randall J. Erickson Randall J. Erickson Executive Vice President, General Counsel and Corporate Secretary 4