Form 4: Director Marcia M. Anderson Reports Acquisition of Nicolet Bankshares Stock Through Deferred Compensation Plan

Marcia M. Anderson, a director of Nicolet Bankshares Inc., acquired additional shares of common stock through the company's deferred compensation plan.

Summary

• On January 21, 2025, Marcia M. Anderson, a director of Nicolet Bankshares Inc., acquired 4.627 shares of common stock through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• The acquisition was made by deferring a portion of her fourth quarter 2024 earned board fees.
• The price per share was $107.86.
• Following the transaction, Ms. Anderson beneficially owns 2,172 shares directly and 290.026 shares indirectly through the deferred compensation plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director increasing their stake in the company is generally a good sign, but the amount is relatively small and part of a standard compensation arrangement.

Positives

• The director's participation in the deferred compensation plan demonstrates confidence in the company's future.

Industry Context

Directors acquiring company stock through deferred compensation plans is a common practice in the banking industry, aligning their interests with those of shareholders.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder confidence.

Key Dates