Home / Business and Economy / DeLoye Cashes Out ASB Options for $28.26M
DeLoye Cashes Out ASB Options for $28.26M
23 Jun
Summary
- Executive VP sold 14,299 shares on May 26, 2026.
- Sale reduced direct share ownership by 40.07%.
- Transaction reflects routine liquidity tied to vesting.
Dennis DeLoye, Executive Vice President at Associated Banc-Corp (ASB), executed an open-market sale of common stock on May 26, 2026. The transaction involved exercising 14,299 non-qualified stock options, with the resulting shares immediately sold at an average price of $28.26.
This sale reduced DeLoye's direct share ownership by 40.07%, leaving him with 21,385 shares. While his capacity for future liquidity events is now limited by this lower share base, he still holds 5,429 unexercised options that can be converted into common stock.
The transaction followed a multi-year pattern of administrative option-related activity. It was a routine liquidity event tied to vesting and option exercise schedules, rather than an abrupt change in trading behavior, and no indirect entities or trusts were involved.
Associated Banc-Corp is a regional bank holding company focused on the Upper Midwest, offering a broad suite of commercial and consumer banking products. It has a TTM revenue exceeding $2.47 billion.
