Form 4: Director Hector Colon Reports Acquisition of Nicolet Bankshares Stock Through Deferred Compensation Plan

Hector Colon, a director of Nicolet Bankshares Inc., reports acquiring additional shares of common stock through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

Summary

• On June 28, 2024, Hector Colon acquired 2.092 shares of Nicolet Bankshares common stock at $83.04 per share through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• On July 16, 2024, Mr. Colon acquired an additional 16.086 shares at $93.22 per share by deferring his second quarter 2024 earned board fees.
• Following these transactions, Mr. Colon indirectly owns 602.178 shares through the deferred compensation plan and directly owns 3,617 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as a director is increasing their stake in the company, which is generally a good sign. However, the amount is relatively small.

Positives

• Director Colon's acquisition of shares may signal confidence in the company's future performance.

Industry Context

Directors acquiring company stock is generally viewed positively, as it aligns their interests with those of shareholders.

Stakeholder Impact

• The acquisition of shares by a director could positively influence shareholder sentiment.

Key Dates