Form 4: Nicolet Bankshares Director Robert Atwell Reports Acquisition of Shares

Director Robert Atwell reports acquiring 25 shares of Nicolet Bankshares through the Nicolet National Bank Deferred Compensation Plan.

Summary

• Robert Bruce Atwell, a director of Nicolet Bankshares Inc., reported a transaction on April 16, 2024.
• He acquired 25 shares of common stock through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors at a price of $77.66 per share.
• Following the transaction, Atwell directly owns 42,889 shares and indirectly owns 150 shares through his son's UTMA account.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing reporting a routine transaction. The director's purchase could be seen as slightly positive, but it's not a major event.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common in the financial industry. Directors often receive shares as part of their compensation or purchase shares to align their interests with those of the shareholders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It may slightly increase shareholder confidence due to the director's investment.

Key Dates