Associated Banc-Corp Executive John Utz Sells $5.8M in ASB Stock — Exits to Zero

Alex Rivera

John Utz has sold $5.8M in Associated Banc-Corp stock across 323 transactions and now holds zero ASB shares.

John Utz, an executive at Associated Banc-Corp (ASB), has sold $5.8 million across 323 Form 4 filings and now holds zero shares.

The Numbers

MetricValue
Career Sell Value$5.8M
Career Buy Value$0
Total Transactions323
Last Transaction2026-02-01
Shares Remaining0

Recent Activity

DateTypeSharesPriceEst. Value
2025-12-09Sell135$26.4500$4K
2025-12-09Sell1,872$26.4110$49K
2025-12-09Sell128$26.4100$3K

His final transactions in December 2025 were exercise-and-sell combos at ~$26.45, disposing of remaining shares in small lots.

What It Means

With 323 transactions for $5.8M — an average of just $18K per trade — Utz's selling pattern reflects years of small-lot option exercises. The complete exit to zero shares is definitive.

For ASB investors, this appears to be a departure-driven exit from a regional banking executive rather than a conviction signal about the stock.

What to Watch

  • ASB executive turnover announcements
  • Regional bank sector performance
  • Other ASB insider selling patterns
  • Fed rate policy impact on ASB
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