Associated Banc-Corp Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K, dated April 26, 2022, covers the results of Associated Banc-Corp's 2022 Annual Meeting of Shareholders and the declaration of dividends by the Board of Directors on the same date.
Key Financial Metrics
The filing does not provide specific financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate governance events and dividend declarations.
Material Changes and Corporate Actions
- Board of Directors Election: All ten nominees were elected to the Board of Directors. Vote counts ranged from approximately 100 million to 113 million "For" votes per nominee, with broker non-votes totaling 12,625,516 for each director.
- Executive Compensation: Shareholders approved the advisory vote on named executive officer compensation with 107,415,350 votes "For" and 5,742,178 votes "Against."
- Independent Auditor Ratification: Shareholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the year ending December 31, 2022, with 122,864,738 votes "For" and 3,006,590 votes "Against."
- Dividend Declaration: The Board declared dividends on outstanding common stock, 5.875% Preferred Stock Series E Depositary Shares, and 6.125% Preferred Stock Series F Depositary Shares. Specific dividend amounts are not detailed in this filing text.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It is a procedural report of shareholder voting results and a dividend declaration.
Investor Verification Checklist
- Verify the specific dividend amounts per share for Common Stock, Series E, and Series F Preferred Stock in the attached press release (Exhibit 99.1).
- Confirm the record dates and payment dates for the declared dividends.
- Review the full proxy statement for detailed biographical information on the newly elected directors and the specific compensation metrics approved by shareholders.