Form 4: Nicolet Bankshares Director Atwell Increases Holdings Through Deferred Compensation Plan

Director Robert Bruce Atwell increased his holdings in Nicolet Bankshares through participation in the Deferred Compensation Plan for Non-employee Directors.

Summary

• Robert Bruce Atwell, a director of Nicolet Bankshares Inc., acquired 42.38 shares of common stock on April 15, 2025, through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• The acquisition was made by deferring his first quarter 2025 earned board fees.
• Following the transaction, Atwell directly owns 33,816 shares and indirectly owns 339.868 shares through the deferred compensation plan, which includes fractional shares received as dividend reinvestment.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director increasing their stake in the company is generally a good sign, indicating confidence in the company's prospects. The transaction itself is routine and expected.

Positives

• The director's increased investment in the company may signal confidence in Nicolet Bankshares' future performance.

Industry Context

Directors acquiring company stock is generally viewed positively, as it aligns their interests with those of shareholders. Deferred compensation plans are a common way for companies to provide long-term incentives to directors.

Stakeholder Impact

• The increased holding by a director could positively influence shareholder sentiment.

Key Dates

Keywords

Nicolet Bankshares, Director, Robert Atwell, Form 4, Beneficial Ownership, Deferred Compensation, Insider Trading