Form 4: Nicolet Bankshares Director Acquires Additional Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Donald J. Long, Jr., a director of Nicolet Bankshares, acquired additional shares of common stock through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
Summary
- On April 15, 2025, Donald J. Long, Jr., a director of Nicolet Bankshares Inc., acquired 28.254 shares of common stock through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
- The acquisition price was $105.14 per share.
- These shares were acquired by deferring his first quarter 2025 earned board fees.
- Mr. Long also indirectly owns 5,264.257 shares through the Nicolet National Bank Deferred Compensation Plan, which includes 12.43 shares received as a dividend reinvestment on March 17, 2025.
- Following the transaction, Mr. Long directly owns 80,280 shares of Nicolet Bankshares Inc.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction. The director's participation in the deferred compensation plan is a mildly positive signal.
Positives
- Director's participation in the deferred compensation plan demonstrates confidence in the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their confidence in the company's prospects.
Comparison to Industry Standards
- Director share acquisitions through deferred compensation plans are a common practice among publicly listed financial institutions.
- Comparable companies such as Associated Banc-Corp and Green Bay Bancorp also have similar deferred compensation plans for their directors.
- The size of the acquisition is relatively small and consistent with typical director compensation practices.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| March 17, 2025 | Dividend reinvestment resulting in 12.43 shares in the Nicolet National Bank Deferred Compensation Plan. |
| April 15, 2025 | Director Donald J. Long, Jr. acquired 28.254 shares through the deferred compensation plan. |
| April 17, 2025 | Date of signature for the Form 4 filing. |
Keywords
Nicolet Bankshares, Director, Share Acquisition, Deferred Compensation, Form 4, Insider Trading
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