Form 4: Director Robert Atwell Receives Nicolet Bankshares Equity

Director Robert B. Atwell acquired 429 shares of Nicolet Bankshares, Inc. common stock as part of his annual board retainer.

Summary

• Director Robert B. Atwell received 429 shares of common stock as part of his annual board retainer.
• The shares were granted as a restricted stock award with immediate full vesting.
• The transaction occurred on May 19, 2026, at a price of $139.63 per share.
• Following this transaction, Mr. Atwell directly owns 34,483 shares and maintains an indirect interest of 568.446 shares through the Nicolet National Bank Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.

Positives

• Director compensation via equity aligns the interests of board members with those of shareholders.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

Not applicable as this is a routine disclosure of director compensation.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the banking sector to ensure long-term alignment with shareholder value.

Comparison to Industry Standards

• The use of restricted stock awards for director retainers is consistent with standard practices among regional financial institutions.

Stakeholder Impact

• Shareholders benefit from the alignment of director interests with company performance.

Key Dates

Keywords

Nicolet Bankshares, NIC, Insider Trading, Form 4, Director Compensation, Equity Grant