Form 4: Nicolet Bankshares Director Ghidorzi Increases Holdings Through Deferred Compensation Plan

Director Christopher J. Ghidorzi increased his holdings in Nicolet Bankshares through participation in the Deferred Compensation Plan for Non-employee Directors.

Summary

• On January 21, 2025, Christopher J. Ghidorzi, a director of Nicolet Bankshares Inc., acquired 9.254 shares of common stock through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• The shares were acquired at a price of $107.86 per share.
• Following the transaction, Mr. Ghidorzi directly owns 7,947 shares and indirectly owns 3,189.56 shares through the deferred compensation plan.
• The indirect holdings include 7.876 shares received as dividend reinvestment on December 16, 2024.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's increased stake suggests confidence, but it's a routine transaction.

Positives

• Director's participation in the deferred compensation plan demonstrates confidence in the company's future.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a director's increased investment in the company, which can be viewed positively by investors.

Stakeholder Impact

• The increased holdings by a director could positively influence shareholder sentiment.

Key Dates

Keywords

Nicolet Bankshares, Director, Ghidorzi, Form 4, Beneficial Ownership, Deferred Compensation, Dividend Reinvestment, NIC