Form 4: Nicolet Bankshares EVP Eric Witczak Sells Shares

Eric James Witczak, EVP & Secretary of Nicolet Bankshares Inc, sold shares of common stock on July 19, 2024.

Summary

• Eric James Witczak, an Executive Vice President and Secretary at Nicolet Bankshares Inc, reported selling shares of the company's common stock on July 19, 2024.
• He sold 7,198 shares at a weighted average price of $96.74, 7,726 shares at a weighted average price of $97.57, and 76 shares at a weighted average price of $98.4.
• Following these transactions, Witczak directly owns 26,498 shares and indirectly owns 6,783 shares through a 401(k) plan.
• He also acquired 71 additional shares under the Employee Stock Purchase Plan since his last Form 4 filing, bringing his total ESPP holdings to 939 shares.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider trading activity. The sentiment is neither positive nor negative as it simply reports transactions.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The sale of shares by an executive officer could be perceived negatively by some shareholders, although it is a common occurrence.
• The impact on other stakeholders is likely minimal.

Key Dates