Form 4: Director John Dykema Increases Stake in Nicolet Bankshares Through Deferred Compensation and Dividend Reinvestment

John Dykema, a director of Nicolet Bankshares, increased his holdings through deferred compensation and dividend reinvestment, according to a recent SEC filing.

Summary

• On January 21, 2025, John Dykema, a director of Nicolet Bankshares Inc., acquired 18.508 shares of common stock through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors at a price of $107.86.
• This acquisition was a result of deferring his fourth quarter 2024 earned board fees.
• Dykema also indirectly owns 9,181.571 shares through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors, which includes 49.034 shares received as dividend reinvestment from cash dividends paid on September 16, 2024, and December 16, 2024.
• Additionally, he directly owns 43,477 shares and indirectly owns 9,793 shares through the John Dykema 2020 Trust.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as a director is increasing their stake in the company, which is generally seen as a sign of confidence. However, the increase is through standard compensation mechanisms, so it's not overwhelmingly positive.

Positives

• The director's increased stake could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and prospects. An increase in holdings by a director is often viewed positively.

Stakeholder Impact

• Shareholders may view the director's increased stake as a positive signal.

Key Dates

Keywords

Nicolet Bankshares, John Dykema, Director, SEC Form 4, Beneficial Ownership, Deferred Compensation, Dividend Reinvestment, NIC