Form 4: Nicolet Bankshares Director Glen E. Tellock Acquires Shares as Part of Board Retainer

Director Glen E. Tellock acquired 404 shares of Nicolet Bankshares as part of his board retainer, granted as a restricted stock award.

Summary

• Glen E. Tellock, a director of Nicolet Bankshares Inc., acquired 404 shares of common stock on May 20, 2025, as part of his board annual retainer.
• The shares were granted as a restricted stock award with immediate full vesting.
• The price per share was $123.48.
• Following the transaction, Mr. Tellock directly owns 1,928 shares of common stock and indirectly owns 1,000 shares through a family trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares as part of their compensation is generally a good sign, indicating alignment with shareholder interests. However, the impact is relatively small.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

This type of transaction is common for directors receiving stock as part of their compensation. It aligns the director's interests with those of the shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

Keywords

Nicolet Bankshares, Glen E. Tellock, Director, Share Acquisition, Form 4, Board Retainer, Restricted Stock, Beneficial Ownership