Form 4: Nicolet Bankshares Executive Brad Hutjens Exercises Stock Options and Sells Shares
SEC Form 4 Filing
EVP Brad Hutjens of Nicolet Bankshares exercised stock options and sold shares on November 6, 2024, according to a Form 4 filing.
Summary
- Brad Vincent Hutjens, EVP CCO of Nicolet National Bank, exercised stock options to acquire 13,500 shares of Nicolet Bankshares Inc. common stock at a price of $48.85 on November 6, 2024.
- On the same day, Hutjens sold 6,750 shares at $105.85 and another 6,750 shares at $106.85.
- 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 27,000 shares, exercisable since May 16, 2022.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports factual transactions without expressing positive or negative views.
Industry Context
This filing is a routine disclosure of insider transactions and provides insight into executive compensation and stock ownership at Nicolet Bankshares.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 05/16/2022 | Non-qualified stock option fully vested. |
| 10/30/2024 | Date of Mr. Hutjens' last Form 4 filing. |
| 11/06/2024 | Date of stock option exercise and share sales. |
| 11/08/2024 | Date of signature on the Form 4 filing. |
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