Form 4: Nicolet Bankshares Director Boosts Stake via Deferred Plan

Brenda L. Johnson, a Director at Nicolet Bankshares Inc., acquired additional common stock through a deferred compensation plan.

Summary

• Director Brenda L. Johnson acquired 31.187 shares of Nicolet Bankshares Inc. common stock on October 21, 2025.
• The shares were acquired at a price of $129.4 per share.
• This acquisition resulted from deferring her third-quarter 2025 earned board fees into the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• Following this transaction, her indirect beneficial ownership in the deferred compensation plan totals 887.54 shares.
• This indirect holding also includes 2.05 shares received from dividend reinvestment on September 15, 2025.
• Additionally, Ms. Johnson directly beneficially owns 671,893 shares of Common Stock.

Sentiment

Score: 6

Explanation: Slightly positive due to a director increasing their stake, indicating confidence, though it's a routine compensation-related transaction rather than an open market purchase.

Positives

• Director Brenda L. Johnson increased her indirect beneficial ownership in Nicolet Bankshares Inc., aligning her interests with shareholders.
• The acquisition through a deferred compensation plan demonstrates a commitment to long-term investment in the company.

Future Outlook

NA

Industry Context

This is a routine insider transaction for a director of a bank holding company. Such transactions are common as part of executive and director compensation plans, where fees or salaries are deferred into company stock, demonstrating continued alignment with shareholder interests. It does not provide broader industry trends.

Related Party Transactions

• Brenda L. Johnson, a director, acquired shares through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors, which is a standard compensation arrangement between the company and its director.

Stakeholder Impact

• Shareholders: Minor positive impact as a director's increased stake aligns their interests with other shareholders.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Key Dates

Keywords

Nicolet Bankshares, NIC, Brenda L. Johnson, Insider Trading, Form 4, Stock Acquisition, Director Compensation, Deferred Compensation, Bankshares