Form 4: Nicolet Bankshares Director Robert Weyers Reports Changes in Beneficial Ownership

Robert Weyers, a director of Nicolet Bankshares, reports acquiring shares through a deferred compensation plan and dividend reinvestment, while also detailing indirect ownership through various entities.

Summary

• Robert Weyers, a director at Nicolet Bankshares, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On April 15, 2025, Weyers acquired 37.672 shares of common stock through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors at a price of $105.14 per share.
• He also indirectly owns shares through RJW Family Investments LLC (3,500 shares), Ronald and Colleen Weyers Grandchildren's Trust #2 (12,333 shares), and Weyers Family Limited Partnership (25,250 shares).
• Weyers disclaims beneficial ownership of the shares held by these entities except to the extent of his pecuniary interest.
• He also received 22.393 shares via dividend reinvestment in the Nicolet National Bank Deferred Compensation Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing simply reports transactions and indirect ownership, without indicating a strong positive or negative outlook.

Positives

• The director's participation in the deferred compensation plan and dividend reinvestment indicates confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be a signal to investors.

Comparison to Industry Standards

• Tracking insider transactions is a common practice in financial analysis, with services like Bloomberg and Thomson Reuters providing data on insider activity for benchmarking purposes.
• Comparing Weyers' transactions to those of other bank directors can provide insights into the overall sentiment surrounding Nicolet Bankshares.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the director's holdings and recent transactions.

Key Dates

Keywords

beneficial ownership, Form 4, Nicolet Bankshares, director, Robert Weyers, deferred compensation, dividend reinvestment, RJW Family Investments LLC, Ronald and Colleen Weyers Grandchildren's Trust #2, Weyers Family Limited Partnership