Form 4: Nicolet Bankshares EVP Brad Hutjens Reports Stock Option Exercise and Sale
SEC Form 4 Filing
Brad Hutjens, EVP CCO of Nicolet National Bank, exercised stock options and sold shares of Nicolet Bankshares Inc. on October 25, 2024.
Summary
- On October 25, 2024, Brad Hutjens, EVP CCO of Nicolet National Bank, exercised stock options to acquire 1,079 shares of Nicolet Bankshares Inc. at a price of $48.85 per share.
- Simultaneously, Hutjens sold 1,079 shares at $102.85 per share.
- Following these transactions, Hutjens directly owns 26,674 shares and indirectly owns 1,818 shares through a 401(k) plan.
- He also holds options for 45,060 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider trading activity, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider trading activity, which is closely monitored by investors.
Key Dates
| Date | Description |
|---|---|
| 05/16/2022 | Non-qualified stock option fully vested |
| 05/16/2027 | Expiration date of stock options |
| 10/24/2024 | Date of last Form 4 filing |
| 10/25/2024 | Date of stock option exercise and sale |
| 10/28/2024 | Date of report |
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