Form 4: Nicolet Bankshares Director John Dykema Increases Indirect Holdings Through Deferred Compensation Plan

Director John Dykema increased his indirect holdings of Nicolet Bankshares common stock through a deferred compensation plan.

Summary

• On July 26, 2024, John Nicholas Dykema, a director of Nicolet Bankshares Inc., acquired 194.891 shares of common stock indirectly through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors at a price of $103.65 per share.
• Following the transaction, Dykema's indirect holdings include 9,114.029 shares through the Nicolet National Bank Deferred Compensation Plan and 9,793 shares through the John Dykema 2020 Trust.
• Dykema also directly owns 43,477 shares of Nicolet Bankshares common stock.
• The acquisition was a result of Dykema deferring his Board annual cash retainer into the Nicolet National Bank Deferred Compensation Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing simply reflects a routine transaction related to director compensation. There is no indication of positive or negative sentiment towards the company's prospects.

Positives

• Director Dykema's decision to defer his cash retainer into company stock may signal confidence in Nicolet Bankshares' future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be informative for investors.

Related Party Transactions

• The transaction involves the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors, which is a related party.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine acquisition of shares by a director.

Key Dates