Form 4: Hauschildt Jennifer Leigh reports disposition transactions in MOFG
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hauschildt Jennifer Leigh reported disposition transactions in a Form 4 filing for MOFG. The filing lists transactions totaling 11,330 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hauschildt Jennifer Leigh
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 11,329.672 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (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. Shares increased by 129.156 shares due to additional shares acquired through dividends reinvested since the reporting person's last Form filing.
FAQ
What insider transaction did MOFG director Jennifer Hauschildt report on this Form 4?
Director Jennifer Leigh Hauschildt reported a non-cash disposition of 11,329.672 shares of MidWestOne Financial Group common stock. The shares were canceled at the merger’s effective time and converted into the right to receive Nicolet Bankshares common stock under the merger agreement.
Was Jennifer Hauschildt’s Form 4 transaction a market sale of MOFG stock?
No. The Form 4 reports a disposition to the issuer at a price of $0.00 per share, reflecting shares canceled in the merger. The shares were converted into a right to receive Nicolet Bankshares stock, rather than being sold on the open market for cash.
What happened to MOFG restricted stock unit (RSU) awards in the merger with Nicolet?
At the effective time, each outstanding MidWestOne RSU award fully vested, was canceled, and converted into the right to receive Nicolet Bankshares common stock. The number of Nicolet shares was calculated by multiplying the MOFG RSU share count by the 0.3175 exchange ratio, less any withholding taxes.