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 the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

Summary

• Donald J. Long Jr., a director of Nicolet Bankshares Inc., reported acquiring additional shares of common stock through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• On June 28, 2024, he acquired 16.614 shares at a price of $83.04 per share due to an administrator change-over in the plan.
• On July 16, 2024, he acquired 10.724 shares at a price of $93.22 per share by deferring his second quarter 2024 earned board fees.
• Following these transactions, Mr. Long beneficially owns 4,947.338 shares indirectly through the deferred compensation plan, and 80,280 shares directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of insider transactions. The director increasing their stake could be seen as mildly positive, but it's not a significant event.

Positives

• Director's increased stake in the company may signal confidence in Nicolet Bankshares' future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive stock as part of their compensation or acquire shares through deferred compensation plans.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency regarding insider ownership.

Key Dates