Form 4: Nicolet Bankshares Insider Transfer of Shares

Michael E. Daniels, Chairman, President & CEO and Director of Nicolet Bankshares Inc., transferred 53,714 shares to a revocable trust.

Summary

• Michael E. Daniels, who holds the positions of Director, Chairman, President & CEO at Nicolet Bankshares Inc., reported a transaction on April 30, 2026.
• The transaction involved the transfer of 53,714 shares of common stock to the Daniels Revocable Trust.
• This transfer was made for no consideration, and Mr. Daniels remains the trustee and a beneficiary, thus retaining beneficial ownership.
• Additionally, 42 shares were acquired under the Employee Stock Purchase Plan, bringing his total in that plan to 1,103 shares.
• The filing also notes indirect beneficial ownership of other shares through a 401(k) Plan and by his spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the transaction represents a change in the form of ownership rather than a sale or acquisition of beneficial interest.

Positives

• Michael E. Daniels continues to hold beneficial ownership of the transferred shares, indicating no change in ultimate control or economic interest.
• Acquisition of additional shares under the Employee Stock Purchase Plan suggests ongoing participation in employee equity programs.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which details a change in beneficial ownership.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not inherently signal strategic shifts. The transfer to a revocable trust is a common estate planning or asset management technique for executives.

Related Party Transactions

• Transfer of 53,714 shares of Nicolet Bankshares, Inc. common stock from Michael E. Daniels to the Daniels Revocable Trust, where Mr. Daniels is the trustee and a beneficiary.

Stakeholder Impact

• Shareholders: No immediate impact expected as beneficial ownership remains with Michael E. Daniels.
• Management: Confirms continued involvement and oversight by key executive Michael E. Daniels.

Key Dates

Keywords

Nicolet Bankshares, Form 4, Insider Transaction, Share Transfer, Beneficial Ownership, Michael E. Daniels, Revocable Trust, Employee Stock Purchase Plan