Form 4: Nicolet Bankshares Director McClone Receives Stock Award

Dustin James McClone, a director of Nicolet Bankshares, acquired 626 shares of common stock as part of his board annual retainer.

Summary

• Dustin James McClone, a director of Nicolet Bankshares Inc., acquired 626 shares of common stock on May 28, 2024.
• The shares were granted as a restricted stock award with immediate full vesting as part of his board annual retainer.
• The price per share was $79.83.
• Following the transaction, McClone directly owns 4,416 shares and indirectly owns 1,389 shares through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock award) for a company director, indicating a neutral to slightly positive sentiment as it aligns director interests with shareholders.

Positives

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

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The stock award could have a slightly positive impact on shareholder sentiment as it aligns the director's interests with those of the shareholders.

Key Dates