Form 4: Director Receives Restricted Stock Award

Susan L. Merkatoris, a Director at Nicolet Bankshares Inc., received a restricted stock award of 429 shares as part of her annual board retainer.

Summary

• Susan L. Merkatoris, a Director of Nicolet Bankshares Inc., was granted 429 shares of common stock.
• This grant was part of her annual board retainer and vested immediately.
• The transaction occurred on May 19, 2026, with the shares valued at $139.63 each.
• Following this transaction, Ms. Merkatoris beneficially owns 78,946 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard compensation event for a director and does not inherently signal positive or negative performance.

Positives

• Director compensation awarded in the form of stock aligns management's interests with shareholders.
• Immediate vesting of the restricted stock award indicates a straightforward compensation structure.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, as it pertains to a director's compensation transaction.

Industry Context

StockSavvy.ai notes that the issuance of restricted stock awards to directors is a common practice in the financial services industry to attract and retain talent and to align executive compensation with company performance.

Stakeholder Impact

• Shareholders: The award of stock to directors is a form of compensation that impacts share dilution, though typically minor for such grants. It also aligns director incentives with shareholder value.

Key Dates

Keywords

Form 4, SEC Filing, Nicolet Bankshares Inc., Susan L. Merkatoris, Director Compensation, Restricted Stock Award, Beneficial Ownership