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 35.083 shares of common stock on October 15, 2024, through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• The acquisition price was $98.91 per share.
• Long also indirectly owns 5,192.174 shares through the same deferred compensation plan, which includes 14.862 shares received as dividend reinvestment on September 16, 2024.
• Additionally, Long directly owns 80,280 shares of Nicolet Bankshares Inc.

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. The transaction itself is routine and expected.

Positives

• The director's participation in the deferred compensation plan and dividend reinvestment indicates confidence in the company's 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 compensate directors and key employees.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder confidence.

Key Dates