FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Kotouc Wende L
(Last) (First) (Middle)
C/O ASSOCIATED BANC-CORP
433 MAIN STREET
(Street)
GREEN BAY WI 54301
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2026 		3. Issuer Name and Ticker or Trading Symbol
ASSOCIATED BANC-CORP [ ASB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 1,773,132 (1)
D
 
Common Stock 8,321,731 (2)
I
by Spouse
Common Stock 616 (3)
I
by Child
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares acquired by the Reporting Person pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 30, 2025, by and among Associated Banc-Corp ("Associated") and American National Corporation ("American National"), pursuant to which American National merged with and into Associated (the "Merger"), with Associated surviving the Merger as the surviving entity. Pursuant to the Merger Agreement, at the effective time of the Merger, each share of the common stock of American National converted into the right to receive 36.250 shares of the common stock, par value $0.01 per share, of the Issuer ("Common Stock"), with cash in lieu of a fractional share.
2. Shares acquired by the Reporting Person's spouse pursuant to the Merger Agreement.
3. Shares acquired by the Reporting Person's child pursuant to the Merger Agreement.
/s/ Randall J. Erickson, by POA for Wende Kotouc 04/01/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

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