Form 4: Nicolet Bankshares Director Donald J. Long Jr. Reports Acquisition of Shares Through Deferred Compensation Plan

Director Donald J. Long Jr. reports acquiring shares of Nicolet Bankshares through a deferred compensation plan and dividend reinvestment.

Summary

• Donald J. Long Jr., a director of Nicolet Bankshares Inc., reported acquiring 18.508 shares of common stock on January 21, 2025, through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• The acquisition price was $107.86 per share.
• Long also indirectly owns 5,223.573 shares through the same deferred compensation plan, which includes 12.891 shares received as dividend reinvestment on December 16, 2024.
• Additionally, Long directly owns 80,280 shares of Nicolet Bankshares Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares through a deferred compensation plan and dividend reinvestment suggests confidence in the company, but it's a routine transaction.

Positives

• The director's participation in the deferred compensation plan and dividend reinvestment program demonstrates confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.

Comparison to Industry Standards

• Tracking insider transactions is a common practice in financial analysis to gauge management's sentiment and confidence in the company's prospects.
• Comparing the volume and nature of insider transactions (purchases vs. sales) against peers like Associated Banc-Corp or Green Bay's own Baylake Corp (if data available) can provide relative insights.

Stakeholder Impact

• The report provides transparency to shareholders regarding insider transactions.
• It may influence investor sentiment positively, reflecting confidence from a company director.

Key Dates