Form 4: BOHN WILLIAM M reports multiple insider transactions in NIC

Rhea-AI Filing Summary

BOHN WILLIAM M reported multiple insider transaction types in a Form 4 filing for NIC. The filing lists transactions totaling 4,413 shares at a weighted average price of $155.19 per share. Following the reported transactions, holdings were 18,563 shares.

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

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^*

BOHN WILLIAM M

(Last) (First) (Middle)

C/O NICOLET NATIONAL BANK

(Street)

GREEN BAY WI 54301

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NICOLET BANKSHARES INC [ NIC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Wealth Mgmt - Nicolet Bank

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		A		3,333(1)	A	$155.19	18,563	D
Common Stock	02/13/2026		F		1,080(2)	D	$155.19	17,483(3)	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. Restricted stock unit ("RSU") vesting. Per the terms of the RSU, the performance-based metric of successfully closing the merger between Nicolet Bankshares, Inc., and MidWestOne Financial Group was completed on February 13, 2026.

2. Shares withheld to cover the tax liability of the RSU performance vesting on February 13, 2026.

3. Includes a total of 116 shares owned by Mr. Bohn in the Employee Stock Purchase Plan. Mr. Bohn has not acquired additional shares under the Employee Stock Purchase Plan since Mr. Bohn's last Form 4 filing dated January 21, 2026.

	/s/ H. Phillip Moore, Jr., as attorney-in-fact for William M. Bohn	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 NIC executive William M. Bohn report?

William M. Bohn reported an equity award vesting, receiving 3,333 Nicolet Bankshares common shares from restricted stock units on February 13, 2026. These RSUs vested after meeting a performance condition linked to closing the merger with MidWestOne Financial Group.

Did the NIC Form 4 show an open-market stock sale by William M. Bohn?

The Form 4 did not report an open-market sale by Bohn. Instead, 1,080 shares were disposed of as a tax-withholding transaction at $155.19 per share to satisfy tax obligations from the RSU performance vesting.

How many NIC shares does William M. Bohn own after the reported Form 4?

After the reported transactions, Bohn directly owned 17,483 Nicolet Bankshares common shares. This total includes 116 shares held through the company’s Employee Stock Purchase Plan, with no new ESPP purchases since his January 21, 2026 Form 4.

What triggered the RSU vesting reported by NIC executive Bohn?

The RSU vesting was triggered by a performance-based condition. It required the successful closing of the merger between Nicolet Bankshares, Inc. and MidWestOne Financial Group, which was completed on February 13, 2026, causing 3,333 RSU-linked shares to vest.

What was the price used in the NIC Form 4 transactions for Bohn’s RSUs?

Both the RSU share acquisition and the tax-withholding share disposition were reported at $155.19 per share. This price applied to the 3,333 shares acquired upon vesting and the 1,080 shares withheld for associated tax liabilities.

What is William M. Bohn’s role at Nicolet Bankshares (NIC)?

Bohn serves as an officer of Nicolet Bankshares with the title EVP Wealth Management – Nicolet Bank. The Form 4 identifies him as an officer rather than a director or 10% owner, and the reported holdings are directly owned.