Form 4: Nicolet Bankshares Director Hetzel Jr. Acquires Additional Shares Through Deferred Compensation Plan

Director Andrew F. Hetzel Jr. acquired 37 shares of Nicolet Bankshares Inc. through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors at a price of $77.66 per share.

Summary

• On April 16, 2024, Andrew F. Hetzel Jr., a director of Nicolet Bankshares Inc., acquired 37 shares of common stock.
• The shares were acquired through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• The price per share was $77.66.
• Following the transaction, Mr. Hetzel directly owns 7,592 shares and indirectly owns 1,453 shares through the deferred compensation plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a standard transaction. It doesn't indicate positive or negative performance, just a routine acquisition of shares.

Positives

• The director's acquisition of shares may signal confidence in the company's future prospects.

Industry Context

This is a routine disclosure of insider trading activity. Directors often receive shares as part of their compensation or through deferred compensation plans.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence.

Key Dates