Form 4: Robert Atwell Increases Stake in Nicolet Bankshares Through Deferred Compensation Plan

Director Robert Atwell acquired additional shares of Nicolet Bankshares through the company's deferred compensation plan.

Summary

• Robert Atwell, a director of Nicolet Bankshares Inc., acquired 27.762 shares of common stock on January 21, 2025.
• The shares were acquired through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• The price per share was $107.86.
• Following the transaction, Atwell directly owns 30,317 shares and indirectly owns 296.782 shares through the deferred compensation plan and 150 shares through his son's UTMA account.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction (acquisition of shares through a deferred compensation plan) by a company director, suggesting confidence but not necessarily a major shift in outlook.

Positives

• The director's increased investment could be seen as a positive signal about their confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it reflects a director's continued investment in the company.

Key Dates