Form 4: Director Brenda L. Johnson Increases Stake in Nicolet Bankshares Through Deferred Compensation Plan

Brenda L. Johnson, a director of Nicolet Bankshares, acquired additional shares through the company's deferred compensation plan.

Summary

• On October 15, 2024, Brenda L. Johnson, a director of Nicolet Bankshares Inc., acquired 55.131 shares of common stock through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• The acquisition price was $98.91 per share.
• Following the transaction, Johnson directly owns 671,489 shares and indirectly owns 648.759 shares through the deferred compensation plan.
• The indirect holdings include 1.711 shares received as dividend reinvestment on September 16, 2024.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction. The director increasing their stake is mildly positive, but it's part of a pre-existing compensation plan.

Positives

• Director's increased stake may signal confidence in the company's future.

Industry Context

Insider transactions are closely watched as indicators of management's view on the company's prospects within the banking industry.

Related Party Transactions

• The transaction involves the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors, which is a related party.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals confidence from a director.

Key Dates