STOCK TITAN

[Form 4] Nicolet Bankshares,Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Form 4 filing for Nicolet Bankshares (NIC) shows EVP & Secretary Eric J. Witczak executed and partially liquidated an option grant on 18 Jul 2025.

  • Option exercise: 5,000 common shares acquired at an exercise price of $70.50 via a non-qualified stock option issued 18 Nov 2019 (fully vested 18 Nov 2024).
  • Open-market sale: The same 5,000 shares were sold the same day at a weighted-average $139.77 (range $139.50-$140.04), creating an approximate gross spread of $69.27 per share, or ≈$346k.
  • Post-transaction holdings: 28,901 shares held directly, 6,783 shares held indirectly via 401(k), plus 1,042 ESPP shares referenced in Footnote 2. Remaining option balance: 20,000 shares fully exercisable.
  • Reporting status: Single filer; continues as officer (EVP & Secretary).

No earnings data or new corporate events are disclosed; the filing strictly addresses the insider’s equity transaction.

La comunicazione del Modulo 4 per Nicolet Bankshares (NIC) mostra che il EVP e Segretario Eric J. Witczak ha esercitato e parzialmente liquidato un'opzione azionaria il 18 luglio 2025.

  • Esercizio dell'opzione: Acquisto di 5.000 azioni ordinarie a un prezzo di esercizio di $70,50 tramite un'opzione su azioni non qualificata emessa il 18 novembre 2019 (completamente maturata il 18 novembre 2024).
  • Vendita sul mercato aperto: Le stesse 5.000 azioni sono state vendute lo stesso giorno a un prezzo medio ponderato di $139,77 (intervallo $139,50-$140,04), generando un guadagno lordo approssimativo di $69,27 per azione, ovvero circa $346.000.
  • Detenzione post-transazione: 28.901 azioni detenute direttamente, 6.783 azioni detenute indirettamente tramite 401(k), più 1.042 azioni ESPP menzionate nella Nota 2. Saldo residuo delle opzioni: 20.000 azioni completamente esercitabili.
  • Stato della segnalazione: Singolo dichiarante; continua a ricoprire la carica di dirigente (EVP e Segretario).

Non sono stati divulgati dati sugli utili o nuovi eventi aziendali; la comunicazione riguarda esclusivamente la transazione azionaria dell’insider.

La presentación del Formulario 4 para Nicolet Bankshares (NIC) muestra que el EVP y Secretario Eric J. Witczak ejecutó y parcialmente liquidó una concesión de opciones el 18 de julio de 2025.

  • Ejercicio de opción: Adquisición de 5,000 acciones comunes a un precio de ejercicio de $70.50 mediante una opción sobre acciones no calificada emitida el 18 de noviembre de 2019 (totalmente adquirida el 18 de noviembre de 2024).
  • Venta en mercado abierto: Las mismas 5,000 acciones se vendieron el mismo día a un precio promedio ponderado de $139.77 (rango $139.50-$140.04), generando un margen bruto aproximado de $69.27 por acción, o ≈$346,000.
  • Posiciones después de la transacción: 28,901 acciones en posesión directa, 6,783 acciones en posesión indirecta a través de un 401(k), más 1,042 acciones ESPP mencionadas en la Nota 2. Saldo restante de opciones: 20,000 acciones totalmente ejercitables.
  • Estado del reporte: Declarante individual; continúa como ejecutivo (EVP y Secretario).

No se divulgan datos de ganancias ni nuevos eventos corporativos; la presentación se limita a la transacción de acciones del insider.

Nicolet Bankshares (NIC)의 Form 4 제출에서 EVP 겸 비서인 Eric J. Witczak2025년 7월 18일에 옵션 부여를 실행하고 일부를 청산한 것으로 나타났습니다.

  • 옵션 행사: 2019년 11월 18일 발행된 비자격 스톡옵션을 통해 행사가격 $70.50에 5,000 보통주를 취득함(2024년 11월 18일 완전 취득).
  • 공개시장 매도: 동일한 5,000주를 당일 가중평균 $139.77 (범위 $139.50-$140.04)에 매도하여 주당 약 $69.27, 총 약 $346,000의 총 차익을 실현함.
  • 거래 후 보유 주식: 직접 보유 28,901주, 401(k)를 통한 간접 보유 6,783주, 그리고 각주 2에 언급된 1,042 ESPP 주식 보유. 남은 옵션 잔액은 20,000주 전액 행사 가능.
  • 보고 상태: 단독 신고자; EVP 겸 비서로서 계속 재직 중.

수익 데이터나 새로운 기업 이벤트는 공개되지 않았으며, 제출 내용은 내부자의 지분 거래에 국한됩니다.

Le dépôt du formulaire 4 pour Nicolet Bankshares (NIC) indique que le EVP et Secrétaire Eric J. Witczak a exercé et partiellement liquidé une attribution d’options le 18 juillet 2025.

  • Exercice d’option : Acquisition de 5 000 actions ordinaires au prix d’exercice de 70,50 $ via une option d’achat d’actions non qualifiée émise le 18 novembre 2019 (entièrement acquise le 18 novembre 2024).
  • Vente sur le marché libre : Les mêmes 5 000 actions ont été vendues le même jour à un prix moyen pondéré de 139,77 $ (fourchette 139,50 $ - 140,04 $), générant un écart brut approximatif de 69,27 $ par action, soit environ 346 000 $.
  • Détentions après transaction : 28 901 actions détenues directement, 6 783 actions détenues indirectement via un plan 401(k), plus 1 042 actions ESPP mentionnées en note 2. Solde d’options restant : 20 000 actions entièrement exerçables.
  • Statut du déclarant : Déclarant unique ; continue d’occuper le poste de dirigeant (EVP et Secrétaire).

Aucune donnée sur les résultats ni nouvel événement d’entreprise n’est divulgué ; le dépôt concerne uniquement la transaction d’actions de l’initié.

Formular 4 Meldung für Nicolet Bankshares (NIC) zeigt, dass EVP & Sekretär Eric J. Witczak am 18. Juli 2025 eine Optionszuteilung ausgeübt und teilweise liquidiert hat.

  • Optionsausübung: Erwerb von 5.000 Stammaktien zu einem Ausübungspreis von 70,50 $ durch eine nicht qualifizierte Aktienoption, ausgegeben am 18. November 2019 (vollständig unverfallbar seit 18. November 2024).
  • Verkauf am offenen Markt: Dieselben 5.000 Aktien wurden am selben Tag zu einem gewichteten Durchschnittspreis von 139,77 $ (Spanne 139,50 $–140,04 $) verkauft, was eine ungefähre Bruttomarge von 69,27 $ pro Aktie bzw. ca. 346.000 $ ergibt.
  • Bestände nach der Transaktion: 28.901 Aktien direkt gehalten, 6.783 Aktien indirekt über 401(k), plus 1.042 ESPP-Aktien laut Fußnote 2. Verbleibender Optionsbestand: 20.000 Aktien vollständig ausübbar.
  • Melde-Status: Einzelmelder; bleibt weiter als leitender Angestellter (EVP & Sekretär) tätig.

Keine Gewinnzahlen oder neue Unternehmensereignisse veröffentlicht; die Meldung betrifft ausschließlich die Insider-Aktientransaktion.

Positive
  • Officer retains 28,901 shares post-sale, suggesting continued equity alignment with shareholders.
  • 20,000 fully vested options remain, providing ongoing incentive for performance.
Negative
  • 5,000-share sale at $139.77 may be construed by some investors as short-term profit taking.
  • Insider monetised ≈$346k, reducing direct ownership by 14% from 33,901 to 28,901 shares.

Insights

TL;DR: Officer cashes out 5k shares but maintains sizable stake; transaction appears routine.

The exercise-and-sell pattern converts option value into cash while leaving Mr. Witczak with almost 29k direct shares and 20k options outstanding. The simultaneous sale neutralises dilution and signals liquidity management rather than a directional view on NIC. Share retention plus continued option inventory indicates ongoing alignment. Impact on float is immaterial (<0.2% of shares outstanding). Overall, the filing is neutral for valuation but gives visibility into insider liquidity behaviour.

La comunicazione del Modulo 4 per Nicolet Bankshares (NIC) mostra che il EVP e Segretario Eric J. Witczak ha esercitato e parzialmente liquidato un'opzione azionaria il 18 luglio 2025.

  • Esercizio dell'opzione: Acquisto di 5.000 azioni ordinarie a un prezzo di esercizio di $70,50 tramite un'opzione su azioni non qualificata emessa il 18 novembre 2019 (completamente maturata il 18 novembre 2024).
  • Vendita sul mercato aperto: Le stesse 5.000 azioni sono state vendute lo stesso giorno a un prezzo medio ponderato di $139,77 (intervallo $139,50-$140,04), generando un guadagno lordo approssimativo di $69,27 per azione, ovvero circa $346.000.
  • Detenzione post-transazione: 28.901 azioni detenute direttamente, 6.783 azioni detenute indirettamente tramite 401(k), più 1.042 azioni ESPP menzionate nella Nota 2. Saldo residuo delle opzioni: 20.000 azioni completamente esercitabili.
  • Stato della segnalazione: Singolo dichiarante; continua a ricoprire la carica di dirigente (EVP e Segretario).

Non sono stati divulgati dati sugli utili o nuovi eventi aziendali; la comunicazione riguarda esclusivamente la transazione azionaria dell’insider.

La presentación del Formulario 4 para Nicolet Bankshares (NIC) muestra que el EVP y Secretario Eric J. Witczak ejecutó y parcialmente liquidó una concesión de opciones el 18 de julio de 2025.

  • Ejercicio de opción: Adquisición de 5,000 acciones comunes a un precio de ejercicio de $70.50 mediante una opción sobre acciones no calificada emitida el 18 de noviembre de 2019 (totalmente adquirida el 18 de noviembre de 2024).
  • Venta en mercado abierto: Las mismas 5,000 acciones se vendieron el mismo día a un precio promedio ponderado de $139.77 (rango $139.50-$140.04), generando un margen bruto aproximado de $69.27 por acción, o ≈$346,000.
  • Posiciones después de la transacción: 28,901 acciones en posesión directa, 6,783 acciones en posesión indirecta a través de un 401(k), más 1,042 acciones ESPP mencionadas en la Nota 2. Saldo restante de opciones: 20,000 acciones totalmente ejercitables.
  • Estado del reporte: Declarante individual; continúa como ejecutivo (EVP y Secretario).

No se divulgan datos de ganancias ni nuevos eventos corporativos; la presentación se limita a la transacción de acciones del insider.

Nicolet Bankshares (NIC)의 Form 4 제출에서 EVP 겸 비서인 Eric J. Witczak2025년 7월 18일에 옵션 부여를 실행하고 일부를 청산한 것으로 나타났습니다.

  • 옵션 행사: 2019년 11월 18일 발행된 비자격 스톡옵션을 통해 행사가격 $70.50에 5,000 보통주를 취득함(2024년 11월 18일 완전 취득).
  • 공개시장 매도: 동일한 5,000주를 당일 가중평균 $139.77 (범위 $139.50-$140.04)에 매도하여 주당 약 $69.27, 총 약 $346,000의 총 차익을 실현함.
  • 거래 후 보유 주식: 직접 보유 28,901주, 401(k)를 통한 간접 보유 6,783주, 그리고 각주 2에 언급된 1,042 ESPP 주식 보유. 남은 옵션 잔액은 20,000주 전액 행사 가능.
  • 보고 상태: 단독 신고자; EVP 겸 비서로서 계속 재직 중.

수익 데이터나 새로운 기업 이벤트는 공개되지 않았으며, 제출 내용은 내부자의 지분 거래에 국한됩니다.

Le dépôt du formulaire 4 pour Nicolet Bankshares (NIC) indique que le EVP et Secrétaire Eric J. Witczak a exercé et partiellement liquidé une attribution d’options le 18 juillet 2025.

  • Exercice d’option : Acquisition de 5 000 actions ordinaires au prix d’exercice de 70,50 $ via une option d’achat d’actions non qualifiée émise le 18 novembre 2019 (entièrement acquise le 18 novembre 2024).
  • Vente sur le marché libre : Les mêmes 5 000 actions ont été vendues le même jour à un prix moyen pondéré de 139,77 $ (fourchette 139,50 $ - 140,04 $), générant un écart brut approximatif de 69,27 $ par action, soit environ 346 000 $.
  • Détentions après transaction : 28 901 actions détenues directement, 6 783 actions détenues indirectement via un plan 401(k), plus 1 042 actions ESPP mentionnées en note 2. Solde d’options restant : 20 000 actions entièrement exerçables.
  • Statut du déclarant : Déclarant unique ; continue d’occuper le poste de dirigeant (EVP et Secrétaire).

Aucune donnée sur les résultats ni nouvel événement d’entreprise n’est divulgué ; le dépôt concerne uniquement la transaction d’actions de l’initié.

Formular 4 Meldung für Nicolet Bankshares (NIC) zeigt, dass EVP & Sekretär Eric J. Witczak am 18. Juli 2025 eine Optionszuteilung ausgeübt und teilweise liquidiert hat.

  • Optionsausübung: Erwerb von 5.000 Stammaktien zu einem Ausübungspreis von 70,50 $ durch eine nicht qualifizierte Aktienoption, ausgegeben am 18. November 2019 (vollständig unverfallbar seit 18. November 2024).
  • Verkauf am offenen Markt: Dieselben 5.000 Aktien wurden am selben Tag zu einem gewichteten Durchschnittspreis von 139,77 $ (Spanne 139,50 $–140,04 $) verkauft, was eine ungefähre Bruttomarge von 69,27 $ pro Aktie bzw. ca. 346.000 $ ergibt.
  • Bestände nach der Transaktion: 28.901 Aktien direkt gehalten, 6.783 Aktien indirekt über 401(k), plus 1.042 ESPP-Aktien laut Fußnote 2. Verbleibender Optionsbestand: 20.000 Aktien vollständig ausübbar.
  • Melde-Status: Einzelmelder; bleibt weiter als leitender Angestellter (EVP & Sekretär) tätig.

Keine Gewinnzahlen oder neue Unternehmensereignisse veröffentlicht; die Meldung betrifft ausschließlich die Insider-Aktientransaktion.

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).
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)
07/18/2025
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 07/18/2025 M 5,000 A $70.5 33,901 D
Common Stock 07/18/2025 S 5,000 D $139.77(1) 28,901(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
Stock Option (Right to Buy) $70.5 07/18/2025 M 5,000 (3) 11/18/2029 Common Stock 5,000 $0 20,000 D
Explanation of Responses:
1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.50 to $140.04, inclusive. Mr. Witczak undertakes to provide to Nicolet Bankshares, Inc., any security holder of Nicolet Bankshares, Inc., or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
2. Includes 71 additional shares acquired under the Employee Stock Purchase Plan since Mr. Witczak's last Form 4 filing on November 21, 2024. Mr. Witczak owns a total of 1,042 shares in the Employee Stock Purchase Plan as of the date of this report.
3. The nonqualified stock option fully vested as of November 18, 2024, and is currently exercisable as to all remaining 20,000 shares.
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Eric J. Witczak 07/22/2025
** 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

How many Nicolet Bankshares (NIC) shares did Eric J. Witczak sell on 18 Jul 2025?

5,000 common shares at a weighted-average price of $139.77.

What was the exercise price of the options exercised by Eric J. Witczak?

The non-qualified stock options were exercised at $70.50 per share.

How many NIC shares does the executive own after the transaction?

Direct ownership stands at 28,901 shares; indirect holdings include 6,783 401(k) shares and 1,042 ESPP shares.

Does the Form 4 indicate any change in Eric J. Witczak’s role at Nicolet Bankshares?

No. He remains EVP & Secretary of the company.

Are the remaining stock options fully vested?

Yes. 20,000 options have been fully exercisable since 18 Nov 2024.
Nicolet Bankshar

NYSE:NIC

NIC Rankings

NIC Latest News

NIC Latest SEC Filings

NIC Stock Data

1.88B
13.18M
11.49%
48.6%
0.87%
Banks - Regional
National Commercial Banks
Link
United States
GREEN BAY