Form 4: Nicolet Bankshares Director Hector Colon Reports Changes in Beneficial Ownership

Director Hector Colon reports acquisition of shares through deferred compensation and dividend reinvestment in Nicolet Bankshares.

Summary

• Hector Colon, a director of Nicolet Bankshares Inc., reported changes in beneficial ownership on October 17, 2024.
• On October 15, 2024, Mr. Colon acquired 10.024 shares of common stock through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors at a price of $98.91 per share.
• These shares were acquired by deferring his third quarter 2024 earned board fees.
• Mr. Colon also indirectly owns 809.396 shares through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors, which includes 2.303 shares received as dividend reinvestment on September 16, 2024.
• Following these transactions, Mr. Colon directly owns 3,617 shares of Nicolet Bankshares Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the transactions described are typical for a company director. Therefore, the sentiment is neutral.

Positives

• Director's increased stake in the company may signal confidence in its future performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates changes in director's ownership, which is a common occurrence.

Stakeholder Impact

• The change in ownership may have a minor impact on shareholder sentiment.

Key Dates