Form 4: Nicolet Bankshares Director Hector Colon Acquires 404 Shares of Common Stock

Director Hector Colon acquired 404 shares of Nicolet Bankshares common stock on May 20, 2025, as part of a restricted stock award for the board annual retainer.

Summary

• On May 20, 2025, Hector Colon, a director of Nicolet Bankshares Inc., acquired 404 shares of common stock.
• The acquisition was a result of a restricted stock award granted as the board annual retainer.
• The price per share was $123.48.
• Following the transaction, Mr. Colon directly owns 3,796 shares of common stock.
• He also indirectly owns 864.497 shares through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The director's acquisition of shares could be seen as slightly positive, indicating confidence, but it's primarily a routine disclosure.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, engages in a transaction involving the company's securities. It provides transparency to the market regarding insider activity.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The acquisition of shares as part of a director's compensation is a common practice in the banking industry.
• Comparable companies such as Associated Banc-Corp and Green Bay Bancorp also have similar insider transaction reporting requirements.

Stakeholder Impact

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

Key Dates

Keywords

Nicolet Bankshares, Hector Colon, Director, Stock Acquisition, Form 4, Restricted Stock, Beneficial Ownership