[Form 4] Nicolet Bankshares,Inc. Insider Trading Activity
Nicolet Bankshares insider filing: Michael E. Daniels, Chairman, President & CEO, was awarded 30,000 restricted shares on 09/08/2025 at a reported price of $137.68 per share. The restricted shares were approved by the board as part of an employment extension to continue his leadership through year-end 2030 and will cliff vest after five years of continued service on December 31, 2030. Following the award and other reported holdings, Mr. Daniels is shown as beneficially owning 111,525 shares directly, plus 6,252 shares indirectly through a 401(k) plan and 9,803 shares indirectly through his spouse. The report notes an additional 71 Employee Stock Purchase Plan shares since his prior Form 4, bringing his ESPP total to 1,016 shares. The Form 4 was signed and submitted on 09/09/2025.
Comunicazione interna di Nicolet Bankshares: Michael E. Daniels, Presidente, CEO e Chairman, ha ricevuto 30.000 azioni vincolate il 08/09/2025 a un prezzo riportato di 137,68 USD per azione. Le azioni vincolate sono state approvate dal consiglio nell'ambito di un prolungamento contrattuale per mantenere la sua guida fino al 31/12/2030 e matureranno tutte insieme dopo cinque anni di servizio continuativo, con vesting a cliff il 31/12/2030. Dopo l'assegnazione e le altre partecipazioni riportate, Daniels risulta proprietario beneficiario di 111.525 azioni in via diretta, oltre a 6.252 azioni indirette tramite un piano 401(k) e 9.803 azioni indirette tramite la consorte. Il rapporto segnala inoltre un'aggiunta di 71 azioni del Piano di Acquisto Azionario per Dipendenti rispetto al precedente Modulo 4, portando il suo totale ESPP a 1.016 azioni. Il Modulo 4 猫 stato firmato e inviato il 09/09/2025.
Comunicaci贸n interna de Nicolet Bankshares: Michael E. Daniels, Presidente, CEO y Chairman, recibi贸 30.000 acciones restringidas el 08/09/2025 a un precio reportado de 137,68 USD por acci贸n. Las acciones restringidas fueron aprobadas por la junta como parte de una extensi贸n de empleo para mantener su liderazgo hasta el 31/12/2030 y se consolidar谩n de golpe tras cinco a帽os de servicio continuado, con vesting tipo cliff el 31/12/2030. Tras la adjudicaci贸n y otras participaciones reportadas, Daniels figura como titular beneficiario de 111.525 acciones en propiedad directa, m谩s 6.252 acciones indirectas a trav茅s de un plan 401(k) y 9.803 acciones indirectas a trav茅s de su c贸nyuge. El informe tambi茅n se帽ala 71 acciones adicionales del Plan de Compra de Acciones para Empleados desde su Formulario 4 anterior, elevando su total ESPP a 1.016 acciones. El Formulario 4 fue firmado y presentado el 09/09/2025.
Nicolet Bankshares 雮措秬 瓿奠嫓: Michael E. Daniels 鞚挫偓須� 鞚橃灔 瓴� 靷灔 氚� CEO電� 2025-09-08鞐� 欤茧嫻 137.68雼煬搿� 氤搓碃霅� 臧�瓴╈溂搿� 30,000欤检潣 鞝滍暅攵� 欤检嫕鞚� 靾橃棳氚涭晿鞀惦媹雼�. 鞚� 鞝滍暅攵� 欤检嫕鞚� 2030雲� 毵愱箤歆� 攴胳潣 毽崝鞁� 鞙犾毳� 鞙勴暅 瓿犾毄 鞐办灔鞎堨潣 鞚茧秬搿� 鞚挫偓須岇棎靹� 鞀轨澑霅橃棃鞙茧┌, 5雲勳潣 瓿勳啀 鞛 頉勳澑 2030-12-31鞐� 鞚缄磩鞝侅溂搿� 氩犾姢韺�(cliff vesting)霅╇媹雼�. 靾橃棳 氚� 旮绊儉 鞁犼碃霅� 氤挫湢毳� 氚橃榿頃橂┐ Daniels 鞌姅 歆侅爲鞝侅溂搿� 111,525欤茧ゼ 鞁れ唽鞙犿晿瓿� 鞛堦碃, 401(k) 頂岆灉鞚� 韱淀暣 臧勳爲鞝侅溂搿� 6,252欤�, 氚办毎鞛愲ゼ 韱淀暣 臧勳爲鞝侅溂搿� 9,803欤茧ゼ 氤挫湢頃� 瓴冹溂搿� 響滌嫓霅╇媹雼�. 氤搓碃靹滌棎電� 鞚挫爠 Form 4 鞚错泟 歆侅洂 欤检嫕毵れ瀰瓿勴殟(ESPP)鞐愳劀 71欤缄皜 於旉皜霅橃柎 ESPP 頃╆硠臧� 1,016欤缄皜 霅橃棃雼り碃霃� 旮办灛霅橃柎 鞛堨姷雼堧嫟. Form 4電� 2025-09-09鞐� 靹滊獏霅橃柎 鞝滌稖霅橃棃鞀惦媹雼�.
D茅claration d'initi茅 de Nicolet Bankshares : Michael E. Daniels, Chairman, President & CEO, s'est vu attribuer 30 000 actions restreintes le 08/09/2025 脿 un prix d茅clar茅 de 137,68 USD par action. Les actions restreintes ont 茅t茅 approuv茅es par le conseil dans le cadre d'une prolongation d'emploi pour maintenir sa direction jusqu'脿 la fin de l'ann茅e 2030 et seront soumises 脿 un vesting de type cliff apr猫s cinq ann茅es de service continu, le 31/12/2030. Suite 脿 cette attribution et aux autres participations d茅clar茅es, M. Daniels appara卯t comme propri茅taire b茅n茅ficiaire de 111 525 actions en direct, plus 6 252 actions indirectes via un plan 401(k) et 9 803 actions indirectes via son conjoint. Le rapport note 茅galement 71 actions suppl茅mentaires au titre du Plan d'Achat d'Actions pour les Employ茅s depuis son pr茅c茅dent Formulaire 4, portant son total ESPP 脿 1 016 actions. Le Formulaire 4 a 茅t茅 sign茅 et soumis le 09/09/2025.
Insider-Meldung von Nicolet Bankshares: Michael E. Daniels, Chairman, President & CEO, erhielt am 08.09.2025 30.000 eingeschr盲nkte Aktien zu einem gemeldeten Preis von 137,68 USD je Aktie. Die Restricted Shares wurden vom Vorstand im Rahmen einer Vertragsverl盲ngerung genehmigt, um seine F眉hrungsposition bis Ende 2030 fortzusetzen, und werden nach f眉nfj盲hriger fortlaufender T盲tigkeit am 31.12.2030 in einer Cliff-Vesting-Regelung vollst盲ndig frei. Nach der Zuteilung und weiteren gemeldeten Best盲nden wird Mr. Daniels als wirtschaftlicher Eigent眉mer von 111.525 Aktien direkt aufgef眉hrt, zuz眉glich 6.252 Aktien indirekt 眉ber einen 401(k)-Plan und 9.803 Aktien indirekt 眉ber seine Ehefrau. Der Bericht vermerkt zudem 71 zus盲tzliche Aktien aus dem Employee Stock Purchase Plan seit seinem vorherigen Formular 4, wodurch sein ESPP-Bestand auf 1.016 Aktien steigt. Das Formular 4 wurde am 09.09.2025 unterschrieben und eingereicht.
- Board-approved retention award: 30,000 restricted shares granted to CEO as part of employment extension through 2030.
- Clear vesting schedule: Restricted shares will cliff vest on December 31, 2030, providing explicit time-based retention terms.
- Transparent holdings disclosure: Filing reports direct ownership of 111,525 shares and specific indirect holdings via 401(k) and spouse.
- ESPP participation disclosed: Notes an additional 71 ESPP shares since prior filing and ESPP total of 1,016 shares.
- None.
Insights
TL;DR: Board-approved restricted stock aligns CEO retention through 2030 with cliff vesting, clarifying long-term incentive structure.
The award of 30,000 restricted shares tied to an employment extension through year-end 2030 signals a board decision to retain the CEO for a multi-year horizon. Cliff vesting on December 31, 2030 creates a single long-term service-based milestone rather than staggered vesting, which may concentrate retention risk but clearly links equity realization to continued tenure. The filing discloses direct and indirect holdings and incremental ESPP participation, improving transparency around insider ownership.
TL;DR: A single grant of 30,000 restricted shares at $137.68 provides long-term incentive tied to five-year service requirement.
The compensation action is a time-based equity award rather than performance-based pay, which emphasizes retention over explicit performance linkage. Cliff vesting after five years concentrates incentive alignment on long-term continuity; investors should note that the filing only documents the award and vesting schedule without detailing any performance conditions or potential forfeiture provisions. The disclosure also reports incremental ESPP activity and aggregated beneficial ownership figures.
Comunicazione interna di Nicolet Bankshares: Michael E. Daniels, Presidente, CEO e Chairman, ha ricevuto 30.000 azioni vincolate il 08/09/2025 a un prezzo riportato di 137,68 USD per azione. Le azioni vincolate sono state approvate dal consiglio nell'ambito di un prolungamento contrattuale per mantenere la sua guida fino al 31/12/2030 e matureranno tutte insieme dopo cinque anni di servizio continuativo, con vesting a cliff il 31/12/2030. Dopo l'assegnazione e le altre partecipazioni riportate, Daniels risulta proprietario beneficiario di 111.525 azioni in via diretta, oltre a 6.252 azioni indirette tramite un piano 401(k) e 9.803 azioni indirette tramite la consorte. Il rapporto segnala inoltre un'aggiunta di 71 azioni del Piano di Acquisto Azionario per Dipendenti rispetto al precedente Modulo 4, portando il suo totale ESPP a 1.016 azioni. Il Modulo 4 猫 stato firmato e inviato il 09/09/2025.
Comunicaci贸n interna de Nicolet Bankshares: Michael E. Daniels, Presidente, CEO y Chairman, recibi贸 30.000 acciones restringidas el 08/09/2025 a un precio reportado de 137,68 USD por acci贸n. Las acciones restringidas fueron aprobadas por la junta como parte de una extensi贸n de empleo para mantener su liderazgo hasta el 31/12/2030 y se consolidar谩n de golpe tras cinco a帽os de servicio continuado, con vesting tipo cliff el 31/12/2030. Tras la adjudicaci贸n y otras participaciones reportadas, Daniels figura como titular beneficiario de 111.525 acciones en propiedad directa, m谩s 6.252 acciones indirectas a trav茅s de un plan 401(k) y 9.803 acciones indirectas a trav茅s de su c贸nyuge. El informe tambi茅n se帽ala 71 acciones adicionales del Plan de Compra de Acciones para Empleados desde su Formulario 4 anterior, elevando su total ESPP a 1.016 acciones. El Formulario 4 fue firmado y presentado el 09/09/2025.
Nicolet Bankshares 雮措秬 瓿奠嫓: Michael E. Daniels 鞚挫偓須� 鞚橃灔 瓴� 靷灔 氚� CEO電� 2025-09-08鞐� 欤茧嫻 137.68雼煬搿� 氤搓碃霅� 臧�瓴╈溂搿� 30,000欤检潣 鞝滍暅攵� 欤检嫕鞚� 靾橃棳氚涭晿鞀惦媹雼�. 鞚� 鞝滍暅攵� 欤检嫕鞚� 2030雲� 毵愱箤歆� 攴胳潣 毽崝鞁� 鞙犾毳� 鞙勴暅 瓿犾毄 鞐办灔鞎堨潣 鞚茧秬搿� 鞚挫偓須岇棎靹� 鞀轨澑霅橃棃鞙茧┌, 5雲勳潣 瓿勳啀 鞛 頉勳澑 2030-12-31鞐� 鞚缄磩鞝侅溂搿� 氩犾姢韺�(cliff vesting)霅╇媹雼�. 靾橃棳 氚� 旮绊儉 鞁犼碃霅� 氤挫湢毳� 氚橃榿頃橂┐ Daniels 鞌姅 歆侅爲鞝侅溂搿� 111,525欤茧ゼ 鞁れ唽鞙犿晿瓿� 鞛堦碃, 401(k) 頂岆灉鞚� 韱淀暣 臧勳爲鞝侅溂搿� 6,252欤�, 氚办毎鞛愲ゼ 韱淀暣 臧勳爲鞝侅溂搿� 9,803欤茧ゼ 氤挫湢頃� 瓴冹溂搿� 響滌嫓霅╇媹雼�. 氤搓碃靹滌棎電� 鞚挫爠 Form 4 鞚错泟 歆侅洂 欤检嫕毵れ瀰瓿勴殟(ESPP)鞐愳劀 71欤缄皜 於旉皜霅橃柎 ESPP 頃╆硠臧� 1,016欤缄皜 霅橃棃雼り碃霃� 旮办灛霅橃柎 鞛堨姷雼堧嫟. Form 4電� 2025-09-09鞐� 靹滊獏霅橃柎 鞝滌稖霅橃棃鞀惦媹雼�.
D茅claration d'initi茅 de Nicolet Bankshares : Michael E. Daniels, Chairman, President & CEO, s'est vu attribuer 30 000 actions restreintes le 08/09/2025 脿 un prix d茅clar茅 de 137,68 USD par action. Les actions restreintes ont 茅t茅 approuv茅es par le conseil dans le cadre d'une prolongation d'emploi pour maintenir sa direction jusqu'脿 la fin de l'ann茅e 2030 et seront soumises 脿 un vesting de type cliff apr猫s cinq ann茅es de service continu, le 31/12/2030. Suite 脿 cette attribution et aux autres participations d茅clar茅es, M. Daniels appara卯t comme propri茅taire b茅n茅ficiaire de 111 525 actions en direct, plus 6 252 actions indirectes via un plan 401(k) et 9 803 actions indirectes via son conjoint. Le rapport note 茅galement 71 actions suppl茅mentaires au titre du Plan d'Achat d'Actions pour les Employ茅s depuis son pr茅c茅dent Formulaire 4, portant son total ESPP 脿 1 016 actions. Le Formulaire 4 a 茅t茅 sign茅 et soumis le 09/09/2025.
Insider-Meldung von Nicolet Bankshares: Michael E. Daniels, Chairman, President & CEO, erhielt am 08.09.2025 30.000 eingeschr盲nkte Aktien zu einem gemeldeten Preis von 137,68 USD je Aktie. Die Restricted Shares wurden vom Vorstand im Rahmen einer Vertragsverl盲ngerung genehmigt, um seine F眉hrungsposition bis Ende 2030 fortzusetzen, und werden nach f眉nfj盲hriger fortlaufender T盲tigkeit am 31.12.2030 in einer Cliff-Vesting-Regelung vollst盲ndig frei. Nach der Zuteilung und weiteren gemeldeten Best盲nden wird Mr. Daniels als wirtschaftlicher Eigent眉mer von 111.525 Aktien direkt aufgef眉hrt, zuz眉glich 6.252 Aktien indirekt 眉ber einen 401(k)-Plan und 9.803 Aktien indirekt 眉ber seine Ehefrau. Der Bericht vermerkt zudem 71 zus盲tzliche Aktien aus dem Employee Stock Purchase Plan seit seinem vorherigen Formular 4, wodurch sein ESPP-Bestand auf 1.016 Aktien steigt. Das Formular 4 wurde am 09.09.2025 unterschrieben und eingereicht.
FAQ
What did Michael E. Daniels report on the Form 4 for NIC?
When do the 30,000 restricted shares granted to NIC's CEO vest?
How many NIC shares does Michael E. Daniels beneficially own after the reported transaction?
What price is reported for the restricted share award on the Form 4?
Does the Form 4 mention the reason for the award?
