Form 4: Nicolet Bankshares Director Hector Colon Boosts Stake Through Deferred Compensation Plan

Nicolet Bankshares Inc. Director Hector Colon acquired 164.569 shares of common stock through a deferred compensation plan, increasing his indirect beneficial ownership.

Summary

• Director Hector Colon acquired 164.569 shares of Nicolet Bankshares Inc. common stock on July 15, 2025.
• The shares were acquired at a price of $126.17 per share.
• This acquisition was made by deferring his second quarter 2025 earned board fees and annual Nicolet Board cash retainer into the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• Following this transaction, Mr. Colon beneficially owns 1,031.441 shares indirectly through the deferred compensation plan.
• The indirect holdings also include 2.375 shares received as dividend reinvestment in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors from a cash dividend paid on June 13, 2025.
• Mr. Colon also directly holds 3,796 shares of common stock.

Sentiment

Score: 8

Explanation: The acquisition of shares by a director, particularly through deferred compensation, indicates strong insider confidence in the company's prospects, which is a positive signal for investors.

Positives

• Director Hector Colon increased his indirect beneficial ownership in Nicolet Bankshares Inc. by acquiring 164.569 shares.
• The acquisition demonstrates a commitment from a director by deferring compensation into company stock, signaling confidence in the company's future.

Future Outlook

NA

Industry Context

This transaction reflects an insider's decision to increase their stake in a regional bank, which can signal confidence in the financial services sector, particularly for community or regional banks like Nicolet Bankshares Inc. Such actions are common among directors who opt to defer compensation into company equity, often as part of a Rule 10b5-1 plan.

Related Party Transactions

• Director Hector Colon acquired shares from Nicolet Bankshares Inc. through a deferred compensation plan, which is a transaction between a company and its director.

Stakeholder Impact

• Shareholders may view the director's increased stake as a positive sign of confidence in the company's future, potentially influencing investor sentiment.
• Employees are not directly impacted by this specific transaction, but overall company performance and insider confidence can indirectly affect morale and stability.

Key Dates

Recommendation

Keywords

Nicolet Bankshares, NIC, Hector Colon, Insider Trading, Form 4, Stock Acquisition, Deferred Compensation, Director Holdings, Bankshares, Financial Services