Nicolet Bankshares (NIC) director gets 429-share restricted stock board retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ATWELL ROBERT BRUCE reported acquisition or exercise transactions in this Form 4 filing.
Nicolet Bankshares director Robert Bruce Atwell received a stock-based board retainer. On May 19, 2026, he was granted a restricted stock award with an immediate full vest of 429 shares of Common Stock, described as the Board annual retainer, at a price of $139.63 per share.
Following this grant, Atwell directly holds 34,483 Common Stock shares. He also has an additional 568.446 Common Stock shares held indirectly through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors, giving context to his overall equity exposure to the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ATWELL ROBERT BRUCE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 429 | $139.63 | $60K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 34,483 shares (Direct, null);
Common Stock — 568.446 shares (Indirect, by Nicolet National Bank Deferred Compensation Plan For Non-employee Directors)
Footnotes (1)
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Key Figures
Restricted stock award: 429 shares
Grant price per share: $139.63/share
Direct holdings after grant: 34,483 shares
+1 more
4 metrics
Restricted stock award
429 shares
Board annual retainer granted May 19, 2026
Grant price per share
$139.63/share
Restricted stock award valuation
Direct holdings after grant
34,483 shares
Common Stock directly owned post-transaction
Indirect holdings
568.446 shares
Held via Deferred Compensation Plan for Non-employee Directors
Key Terms
restricted stock award, Board annual retainer, Deferred Compensation Plan
3 terms
restricted stock award financial
"granted as a restricted stock award with an immediate full vest of 429 shares"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Board annual retainer financial
"The Company paid Mr. Atwell the Board annual retainer, granted as a restricted stock award"
Deferred Compensation Plan financial
"by Nicolet National Bank Deferred Compensation Plan For Non-employee Directors"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
