Form 4: Nicolet Bankshares Director Robert Atwell Reports Acquisition of Common Stock

Director Robert Atwell reports acquiring common stock through a deferred compensation plan and discloses beneficial ownership.

Summary

• Robert Bruce Atwell, a director of Nicolet Bankshares Inc., filed a Form 4 detailing changes in beneficial ownership.
• On July 26, 2024, Atwell acquired 194.891 shares of common stock at a price of $103.65 per share through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• Following the transaction, Atwell directly owns 37,515 shares of common stock.
• Atwell also indirectly owns 247.591 shares through the Nicolet National Bank Deferred Compensation Plan and 150 shares through his son's UTMA account.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, which doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a director's acquisition of company stock, which can be interpreted as a sign of confidence in the company's future prospects.

Stakeholder Impact

• The acquisition of shares by a director could be viewed positively by shareholders, potentially increasing investor confidence.

Key Dates