Form 4: Nicolet Bankshares Director Donald J. Long Jr. Acquires Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Director Donald J. Long Jr. acquired 194.891 shares of Nicolet Bankshares Inc. through a deferred compensation plan.
Summary
- On July 26, 2024, Donald J. Long Jr., a director of Nicolet Bankshares Inc., acquired 194.891 shares of common stock.
- The acquisition was made through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
- The price per share was $103.65.
- Following the transaction, Mr. Long directly owns 80,280 shares and indirectly owns 5,142.229 shares through the deferred compensation plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a standard transaction related to executive compensation.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's participation in a deferred compensation plan, a common practice in corporate governance.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment due to the director's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 07/26/2024 | Date of transaction: Acquisition of shares through deferred compensation plan. |
| 07/30/2024 | Date of signature on the Form 4 filing. |
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