Form 4: Director Atwell Increases Stake in Nicolet Bankshares Through Deferred Compensation Plan

Robert Bruce Atwell, a director of Nicolet Bankshares Inc., acquired additional shares through the company's deferred compensation plan and dividend reinvestment.

Summary

• On October 15, 2024, Robert Bruce Atwell, a director of Nicolet Bankshares Inc., acquired 20.048 shares of common stock through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• The acquisition price was $98.91 per share.
• Mr. Atwell also indirectly owns 268.354 shares through the Nicolet National Bank Deferred Compensation Plan, which includes 0.715 fractional shares received as dividend reinvestment from a cash dividend paid on September 16, 2024.
• Additionally, Mr. Atwell directly owns 35,815 shares of common stock and indirectly owns 150 shares through his son's UTMA account.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a director increasing their stake, which can be seen as a slightly positive signal, but it's not a major event.

Positives

• Director Atwell's increased investment in Nicolet Bankshares could be seen as a positive signal about his confidence in the company's future.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company insiders, such as directors, and their confidence in the company's stock.

Stakeholder Impact

• The increased stake of a director may increase shareholder confidence.

Key Dates