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Form 4: Godwin Janet E reports disposition transactions in MOFG

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Godwin Janet E reported disposition transactions in a Form 4 filing for MOFG. The filing lists transactions totaling 10,599 shares.

Positive

  • None.

Negative

  • None.
Insider Godwin Janet E
Role Director
Type Security Shares Price Value
Disposition Common Stock 10,599 $0.00 --
Holdings After Transaction: Common Stock — 0 shares (Direct)
Footnotes (1)
  1. On February 13, 2026 (the Effective Time), pursuant to the terms of the Agreement and Plan of Merger (the Merger Agreement) dated as of October 23, 2025, by and between MidWestOne Financial Group, Inc. (MOFG) and Nicolet Bankshares, Inc. (NIC), MOFG merged with and into NIC (the Merger). Defined terms not otherwise defined herein shall have the meaning set forth in the Merger Agreement. Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding share of MOFG Common Stock was canceled and converted into the right to receive 0.3175 of a share of NIC Common Stock (the Merger Consideration). Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding MOFG RSU Award was fully vested, canceled and converted into the right to receive a number of shares of NIC Common Stock equal to the product of (i) the number of shares of MOFG Common Stock subject to such MOFG RSU Award immediately prior to the Effective Time multiplied by (ii) the Exchange Ratio, less any applicable withholding taxes.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Godwin Janet E

(Last) (First) (Middle)
102 S. CLINTON STREET
P.O. BOX 1700

(Street)
IOWA CITY IA 52244-1700

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MidWestOne Financial Group, Inc. [ MOFG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/13/2026 D(1)(2)(3) 10,599 D (1)(2)(3) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On February 13, 2026 (the Effective Time), pursuant to the terms of the Agreement and Plan of Merger (the Merger Agreement) dated as of October 23, 2025, by and between MidWestOne Financial Group, Inc. (MOFG) and Nicolet Bankshares, Inc. (NIC), MOFG merged with and into NIC (the Merger). Defined terms not otherwise defined herein shall have the meaning set forth in the Merger Agreement.
2. Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding share of MOFG Common Stock was canceled and converted into the right to receive 0.3175 of a share of NIC Common Stock (the Merger Consideration).
3. Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding MOFG RSU Award was fully vested, canceled and converted into the right to receive a number of shares of NIC Common Stock equal to the product of (i) the number of shares of MOFG Common Stock subject to such MOFG RSU Award immediately prior to the Effective Time multiplied by (ii) the Exchange Ratio, less any applicable withholding taxes.
Remarks:
Kenneth R. Urmie, Deputy Corporate Secretary, for Janet E. Godwin under Power of Attorney dated April 27, 2023 02/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did MOFG director Janet E. Godwin report?

Janet E. Godwin reported a disposition of 10,599 shares of MidWestOne Financial Group common stock. The shares were canceled at the merger effective time when MidWestOne merged into Nicolet Bankshares, and each MOFG share became a right to receive Nicolet Bankshares common stock.

Was Janet E. Godwin’s MOFG share disposal a market sale?

The disposal was not an open-market sale. The 10,599 MOFG shares were canceled and converted under a merger agreement with Nicolet Bankshares, classified as a disposition to the issuer at a reported price of $0.00 per share in the Form 4 data.

How were MOFG shares exchanged in the Nicolet Bankshares merger?

Each outstanding MidWestOne Financial Group common share was canceled and converted into the right to receive 0.3175 of a share of Nicolet Bankshares common stock. This fixed exchange ratio defined the merger consideration for MOFG shareholders at the effective time of the transaction.

What happened to MOFG RSU awards in the merger with Nicolet Bankshares (MOFG)?

Each outstanding MOFG restricted stock unit award fully vested, was canceled, and converted into Nicolet Bankshares common stock. The number of Nicolet shares equaled the MOFG shares underlying the RSU multiplied by the 0.3175 exchange ratio, reduced for any applicable withholding taxes.

How many MOFG shares does Janet E. Godwin hold after the merger?

After the reported merger-related disposition, Janet E. Godwin reported beneficial ownership of 0 shares of MidWestOne Financial Group common stock. Her previously held 10,599 shares were canceled and converted into merger consideration tied to Nicolet Bankshares common stock.

What is the effective date of the MOFG–Nicolet Bankshares merger affecting this Form 4?

The merger became effective on February 13, 2026. As of that effective time, MOFG merged with and into Nicolet Bankshares, each MOFG share was canceled, and the merger consideration based on a 0.3175 exchange ratio for Nicolet Bankshares common stock became effective.