Nicolet Bankshares (NIC) EVP Witczak granted 4,065 restricted shares vesting to 2031

Rhea-AI Filing Summary

Nicolet Bankshares executive Eric James Witczak reported an equity award of company stock. On January 20, 2026, he received 4,065 shares of common stock at a price of $131.43 per share, reported as an acquisition of non-derivative securities. According to the footnotes, these are restricted shares that will vest in five equal annual installments each January 20 starting in 2027 and will fully vest on January 20, 2031.

After this award, Witczak beneficially owned 32,561 common shares directly and 6,783 shares indirectly through a 401(k) plan. A footnote also states he owns 1,087 shares through the Employee Stock Purchase Plan as of the report date.

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

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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^*

Witczak Eric James

(Last) (First) (Middle)

C/O NICOLET NATIONAL BANK

111 NORTH WASHINGTON STREET

(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 & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

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	01/20/2026		A		4,065(1)	A	$131.43	32,561(2)	D
Common Stock								6,783	I	By 401(k) Plan

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 shares awarded January 20, 2026. Awarded shares will vest annually on January 20th of each year, in five equal installments beginning January 20, 2027, and will fully vest on January 20, 2031.

2. Includes 22 additional shares acquired under the Employee Stock Purchase Plan since Mr. Witczak's last Form 4 filing on November 24, 2025. Mr. Witczak owns a total of 1,087 shares in the Employee Stock Purchase Plan as of the date of this report.

	/s/ H. Phillip Moore, Jr., as attorney-in-fact for Eric J. Witczak	01/21/2026
	** 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).
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FAQ

What insider transaction did Nicolet Bankshares (NIC) report for Eric James Witczak?

On January 20, 2026, EVP & Secretary Eric James Witczak reported receiving 4,065 shares of Nicolet Bankshares common stock in an acquisition coded "A" on the Form 4.

What type of shares did Eric James Witczak receive from Nicolet Bankshares (NIC) on January 20, 2026?

The 4,065 shares reported are restricted shares awarded on January 20, 2026, which will vest annually in five equal installments beginning January 20, 2027 and will fully vest on January 20, 2031.

At what price were the 4,065 Nicolet Bankshares (NIC) shares reported on the Form 4?

The 4,065 common shares reported for Eric James Witczak were shown at a price of $131.43 per share in the Form 4 transaction table.

How many Nicolet Bankshares (NIC) shares does Eric James Witczak own after the reported transaction?

Following the reported transaction, Eric James Witczak beneficially owned 32,561 common shares directly, plus 6,783 shares indirectly through a 401(k) plan, as stated in the Form 4.

What additional Nicolet Bankshares (NIC) holdings are noted for Eric James Witczak in the Employee Stock Purchase Plan?

A footnote states that his holdings include 1,087 shares in the Employee Stock Purchase Plan as of the report date, including 22 additional shares acquired since his prior Form 4 filed on November 24, 2025.

What is Eric James Witczak27s role at Nicolet Bankshares (NIC) according to the Form 4?

The Form 4 identifies Eric James Witczak as an officer of Nicolet Bankshares Inc., serving as EVP & Secretary, and not as a director or 10% owner.