Form 4: Nicolet Bankshares CFO Boosts Stake

Nicolet Bankshares Inc. CFO Hubert Phillip Moore Jr. acquired 240 shares of common stock at $115.84, increasing his direct beneficial ownership.

Summary

• Hubert Phillip Moore Jr., CFO of Nicolet Bankshares Inc. (NIC), purchased 240 shares of common stock.
• The transaction occurred on October 30, 2025, at a price of $115.84 per share.
• Following this transaction, Mr. Moore directly beneficially owns 32,947 shares of common stock.
• Additionally, 375 shares are indirectly beneficially owned through a spouse's IRA.
• The reported shares include 44 shares acquired under the Employee Stock Purchase Plan since the previous Form 4 filing on June 10, 2025, bringing his total ESPP shares to 439.

Sentiment

Score: 8

Explanation: The insider purchase by a key executive (CFO) at a significant price indicates strong confidence in the company's future, which is a highly positive signal for investors.

Positives

• A key executive (CFO) is increasing their direct ownership in the company, signaling confidence in future performance.
• The purchase was made at a specific market price, indicating a belief in the current valuation or future appreciation.
• Continued participation in the Employee Stock Purchase Plan (ESPP) further demonstrates management's alignment with shareholder interests.

Future Outlook

NA

Industry Context

Insider buying in the banking sector can be interpreted as a positive signal regarding the company's specific performance and potentially the broader economic outlook affecting financial institutions. It suggests management believes the company is well-positioned within its market.

Related Party Transactions

• Indirect beneficial ownership of 375 shares through a spouse's IRA.
• Acquisition of 44 shares under the Employee Stock Purchase Plan (ESPP) since the last filing, totaling 439 shares in the plan.

Stakeholder Impact

• Shareholders may view the CFO's increased stake as a positive sign of management's commitment and belief in the company's value, potentially boosting investor confidence.
• Employees participating in the ESPP may see this as validation of the plan's value and the company's prospects.

Key Dates

Recommendation

The direct purchase of common stock by the Chief Financial Officer, Hubert Phillip Moore Jr., is a strong signal of insider confidence. Executives typically buy shares when they believe the stock is undervalued or has significant upside potential. This action aligns management's interests with shareholders and suggests a positive outlook for Nicolet Bankshares Inc., making it a 'buy' signal for investors.

Keywords

Nicolet Bankshares, NIC, Insider Trading, CFO, Stock Purchase, Bank Stock, Financial Services, Hubert Phillip Moore Jr., Form 4