Form 4: Nicolet Bankshares Director Executes Stock Option and Sells Shares

Robert B. Atwell, a director at Nicolet Bankshares, exercised stock options and sold shares on December 2, 2024.

Summary

• Robert B. Atwell, a director of Nicolet Bankshares, exercised stock options to acquire 3,446 shares of common stock at a price of $48.85 per share on December 2, 2024.
• On the same day, Mr. Atwell sold 3,446 shares of common stock at a price of $113 per share.
• Following these transactions, Mr. Atwell directly owns 32,831 shares of Nicolet Bankshares common stock.
• He also indirectly owns 268.354 shares through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors and 150 shares through his son's UTMA account.
• Mr. Atwell holds options to purchase 121,554 shares of common stock, which are fully vested and exercisable.

Sentiment

Score: 5

Explanation: The document is a routine filing of insider transactions, which is neither positive nor negative in itself.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for all publicly traded companies in the United States.
• The transactions are typical for directors who receive stock options as part of their compensation.
• The sale of shares after exercising options is a common practice to realize gains.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider trading activity.
• The sale of shares by a director could have a minor impact on the stock price.

Key Dates

Keywords

Nicolet Bankshares, stock options, insider trading, Form 4, director, Robert B. Atwell, share sale, equity securities