Form 4: Nicolet Bankshares Director Robert Atwell Reports Share Transactions

Director Robert Atwell of Nicolet Bankshares reported the acquisition of 1,300 shares of common stock through a dividend reinvestment and other transactions.

Summary

• Robert Atwell, a director at Nicolet Bankshares, reported changes in his beneficial ownership of the company's stock.
• On December 26, 2024, Mr. Atwell acquired 1,300 shares of common stock through a dividend reinvestment plan.
• These shares were acquired at a price of $0, indicating they were received as part of a dividend reinvestment.
• Following these transactions, Mr. Atwell directly owns 30,531 shares of Nicolet Bankshares common stock.
• He also indirectly owns shares through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors and a son's UTMA account.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing a director's stock transactions, which is neither positive nor negative in itself.

Industry Context

This is a routine filing related to insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• The reporting of dividend reinvestment and indirect ownership through deferred compensation plans and UTMA accounts is typical for directors of financial institutions.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it shows a director increasing their stake in the company.

Key Dates

Keywords

Nicolet Bankshares, Robert Atwell, Director, Stock Transaction, Beneficial Ownership, Dividend Reinvestment, SEC Form 4