Form 4: Nicolet Bankshares Director Susan L. Merkatoris Sells 5,000 Shares
SEC Form 4
Susan L. Merkatoris, a director of Nicolet Bankshares Inc., sold 5,000 shares of common stock in two transactions on July 22, 2024.
Summary
- On July 22, 2024, Susan L. Merkatoris, a director of Nicolet Bankshares Inc. [NIC], sold 2,500 shares of common stock at a price of $96.91 per share.
- She also sold another 2,500 shares of common stock at a price of $98 per share on the same day.
- Following these transactions, Ms. Merkatoris directly owns 83,218 shares of Nicolet Bankshares Inc.
- The sales were executed under transaction code 'S', indicating a sale on the open market.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider trading activity. It is common for directors and officers to buy and sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 07/22/2024 | Date of stock sale transactions |
| 07/24/2024 | Date of Form 4 filing |
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