Form 4: Nicolet Bankshares Director John Dykema Receives Stock Award

Director John Dykema acquired 404 shares of Nicolet Bankshares stock as part of his annual board retainer.

Summary

• On May 20, 2025, John Nicholas Dykema, a director of Nicolet Bankshares Inc., acquired 404 shares of common stock.
• The acquisition was part of the Board annual retainer, granted as a restricted stock award with immediate full vesting.
• The price per share was $123.48.
• Following the transaction, Dykema directly owns 43,881 shares.
• Dykema also indirectly owns 9,259.926 shares through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors and 9,793 shares through the John Dykema 2020 Trust.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock award to a director), which is generally viewed neutrally. The fact that the director is increasing their stake in the company could be seen as a slightly positive signal.

Positives

• The stock award aligns the director's interests with those of the shareholders.
• Immediate vesting of the shares provides an incentive for continued service on the board.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for maintaining investor confidence.

Comparison to Industry Standards

• Director compensation packages often include stock awards to align their interests with shareholders, a common practice among publicly traded companies.
• The size of the stock award is typical for board retainers in similarly sized financial institutions.

Stakeholder Impact

• The transaction increases the director's alignment with shareholder interests.
• The stock award does not have a material impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Nicolet Bankshares, Director, Stock Award, Form 4, Beneficial Ownership, Dykema, Retainer