Form 4: Nicolet Bankshares EVP Eric Witczak Reports Gift of Shares
SEC Form 4 Filing
Eric James Witczak, EVP & Secretary of Nicolet Bankshares, reports a gift of 1,000 shares of common stock.
Summary
- Eric James Witczak, an Executive Vice President and Secretary at Nicolet Bankshares Inc., filed a Form 4.
- The form reports a transaction on September 4, 2024, where Mr. Witczak gifted 1,000 shares of Nicolet Bankshares common stock.
- Following the transaction, Mr. Witczak directly owns 25,498 shares and indirectly owns 6,783 shares through a 401(k) plan.
- The filing also notes that Mr. Witczak owns 939 shares in the Employee Stock Purchase Plan and has not acquired additional shares since July 22, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a gift of shares. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This transaction represents a change in beneficial ownership for an executive at Nicolet Bankshares.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a company executive.
- The gift of shares does not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 07/22/2024 | Previous Form 4 filing date; Mr. Witczak has not acquired additional shares under the Employee Stock Purchase Plan since this date. |
| 09/04/2024 | Date of the transaction: gift of 1,000 shares of common stock. |
| 09/06/2024 | Date of signature on the Form 4 filing. |
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