Form 4: Nicolet Bankshares CFO Reports Stock Transactions

Nicolet Bankshares CFO, Hubert Phillip Moore Jr., reported recent stock transactions including a purchase by his spouse's IRA and shares withheld for tax obligations.

Summary

• Hubert Phillip Moore Jr., CFO of Nicolet Bankshares Inc. (NIC), reported changes in his beneficial ownership of common stock.
• On November 18, 2025, 25 shares of common stock were acquired indirectly by his spouse's IRA at a price of $120.35 per share, bringing the indirect beneficial ownership to 400 shares.
• On November 19, 2025, 231 shares of common stock were disposed of directly at a price of $120.04 per share to satisfy tax obligations related to vested restricted stock.
• Following these transactions, direct beneficial ownership stands at 32,716 shares.
• The reported direct ownership includes 439 shares acquired under the Employee Stock Purchase Plan, with no additional shares acquired under this plan since October 31, 2025.

Sentiment

Score: 6

Explanation: The filing reports routine insider transactions, including a small indirect purchase and tax-related share withholding, indicating continued insider ownership. The indirect purchase provides a slight positive sentiment.

Positives

• An insider, the CFO, made an indirect purchase of 25 shares of common stock, indicating continued confidence in the company.

Negatives

• 231 shares were disposed of to cover tax obligations on vested restricted stock, which is a common practice but represents a reduction in direct holdings.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency on insider trading activity, which can influence investor sentiment regarding management's confidence in the company's future.

Key Dates

Keywords

Nicolet Bankshares, NIC, Form 4, Insider Trading, Stock Transaction, CFO, Hubert Phillip Moore Jr., Employee Stock Purchase Plan