Form 4: Nicolet Bankshares Director Hetzel Jr. Reports Changes in Beneficial Ownership

Director Andrew F. Hetzel Jr. reports acquisitions of Nicolet Bankshares common stock through the Nicolet National Bank Deferred Compensation Plan.

Summary

• Andrew F. Hetzel Jr., a director of Nicolet Bankshares Inc., reported changes in his beneficial ownership of the company's common stock.
• On June 28, 2024, he acquired 5.286 shares at $83.04 through the Nicolet National Bank Deferred Compensation Plan.
• On July 16, 2024, he acquired an additional 53.62 shares at $93.22 through the same plan by deferring his second quarter 2024 earned board fees.
• Following these transactions, Mr. Hetzel directly owns 8,218 shares and indirectly owns 1,511.906 shares through the deferred compensation plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, but rather reports factual transactions.

Positives

• The director's participation in the deferred compensation plan demonstrates confidence in the company's future.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading and provide investors with insights into the actions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the director's investment activity in the company.

Key Dates