Form 4: Nicolet Bankshares Director Robert Weyers Acquires Shares as Part of Board Retainer

Director Robert Weyers acquired 626 shares of Nicolet Bankshares as part of his annual board retainer.

Summary

• On May 28, 2024, Robert J. Weyers, a director of Nicolet Bankshares Inc., acquired 626 shares of common stock.
• The acquisition was part of his annual board retainer, granted as a restricted stock award with immediate full vesting.
• The price per share was $79.83.
• Following the transaction, Weyers directly owns 52,156 shares.
• Weyers also has indirect ownership through RJW Family Investments LLC (3,500 shares), Ronald and Colleen Weyers Grandchildren's Trust #2 (12,333 shares), Weyers Family Limited Partnership (25,250 shares), and Nicolet National Bank Deferred Compensation Plan For Non-employee Directors (9,008 shares).
• Weyers disclaims beneficial ownership of shares held by RJW Family Investments LLC, Ronald and Colleen Weyers Grandchildren's Trust #2, and Weyers Family Limited Partnership, except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

Insider transactions are common in the banking industry and are closely monitored by investors as indicators of management's confidence in the company's prospects.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment, as it indicates confidence from a company director.

Key Dates