Form 4: Nicolet Bankshares Director Hector Colon Reports Acquisition of Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Director Hector Colon reports acquiring shares of Nicolet Bankshares through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
Summary
- Hector Colon, a director of Nicolet Bankshares Inc., filed a Form 4 on April 17, 2025, reporting a transaction.
- On April 15, 2025, Mr. Colon acquired 9.418 shares of common stock at $105.14 per share through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his first quarter 2025 earned board fees.
- Mr. Colon also indirectly owns 864.497 shares through the Nicolet National Bank Deferred Compensation Plan, which includes 2.03 shares received as a dividend reinvestment on March 17, 2025.
- Additionally, Mr. Colon directly owns 3,392 shares of Nicolet Bankshares Inc.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine transaction. The director's participation in the deferred compensation plan is a slightly positive signal.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
- Participation in the deferred compensation plan shows a long-term commitment from the director.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's continued investment in the company.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| March 17, 2025 | Dividend reinvestment in the Nicolet National Bank Deferred Compensation Plan. |
| April 15, 2025 | Acquisition of 9.418 shares through the deferred compensation plan. |
| April 17, 2025 | Date of Form 4 filing. |
Keywords
Form 4, Nicolet Bankshares, Director, Hector Colon, Deferred Compensation, Share Acquisition, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.