Nicolet Bankshares Form 144 Shows 1,564-Share Sale After Option Exercise

Rhea-AI Filing Summary

Nicolet Bankshares (NIC) Form 144 notice: An individual proposes to sell 1,564 common shares through Fidelity Brokerage Services on the NYSE with an aggregate market value of $213,793.50, scheduled approximately for 08/26/2025. The shares were acquired on 08/26/2025 by stock option exercise from the issuer, and payment was made in cash on that date. The filing discloses one prior sale in the past three months: 5,000 common shares sold on 07/18/2025 for $698,864.50 by Eric Witczak. The filer certifies they are unaware of any undisclosed material adverse information about the issuer and provides the standard legal attestation regarding accuracy of the notice.

Positive

• Timely disclosure of proposed insider sale through a live Form 144 filing
• Complete transactional details provided: acquisition method, broker, exchange, number of shares, and aggregate market value
• Standard attestation included confirming no undisclosed material adverse information

Negative

• Insider selling activity includes a prior sale of 5,000 shares within the past three months, which may warrant investor attention

Insights

Securities Analyst

TL;DR: Routine insider notice of sale following option exercise; limited market impact shown by disclosed sizes.

The Form 144 documents a proposed sale of 1,564 shares acquired via stock option exercise and a prior sale of 5,000 shares within three months. The notice follows Rule 144 procedures by identifying broker, exchange, acquisition method, and gross proceeds for the recent sale. For investors, this is a disclosure of insider liquidity activity rather than a corporate operational event; it permits market participants to assess insider selling cadence. No earnings or corporate governance changes are disclosed in this filing.

Corporate Governance Expert

TL;DR: Filing demonstrates compliance with disclosure rules; includes required attestation about material undisclosed information.

The filer provides requisite details: acquisition date, nature of acquisition (stock option exercise), broker identity, planned sale date, and aggregate market value. The signature attestation that no undisclosed material adverse information exists is present, which is standard and important for regulatory compliance. The submission appears procedural and does not announce corporate governance actions or changes in management.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	1564	213793.50	14856888	08/26/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/26/2025	Stock Option Exercise	Issuer			1564	08/26/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Eric Witczak 111 North Washington Street Green Bay WI 54301	Common	07/18/2025	5000	698864.50

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Nicolet Bankshares (NIC) Form 144 disclose?

The filing discloses a proposed sale of 1,564 common shares on the NYSE through Fidelity with an aggregate market value of $213,793.50, scheduled around 08/26/2025.

How were the 1,564 shares acquired according to the filing?

The shares were acquired on 08/26/2025 by stock option exercise from the issuer, with payment made in cash on that date.

Did the filer sell any Nicolet Bankshares shares in the past three months?

Yes. The filing reports a sale of 5,000 common shares on 07/18/2025 for $698,864.50 by Eric Witczak.

Which broker and exchange are involved in the proposed sale?

The broker listed is Fidelity Brokerage Services LLC and the securities are to be sold on the NYSE.

Does the filing indicate undisclosed material adverse information about NIC?

No. The filer signs an attestation representing they do not know of any material adverse information about the issuer that has not been publicly disclosed.