What price per share is shown for Dykema’s recent NIC stock award?

The Form 4 shows a value of $158.42 per share for the 6.356 common shares credited. This reflects the price used to convert his first-quarter 2026 board fees into stock units under the deferred compensation plan for non-employee directors.

Nicolet Bankshares director gains shares via deferred fees

Q: What did NIC director John Nicholas Dykema report on this Form 4?

John Nicholas Dykema reported acquiring 6.356 shares of Nicolet Bankshares common stock through an indirect award. The shares were credited under a deferred compensation plan for non-employee directors in exchange for first-quarter 2026 board fees, rather than a market purchase.

Nicolet Bankshares director John Nicholas Dykema increased his indirect holdings through compensation.

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Rhea-AI Filing Summary

Nicolet Bankshares director John Nicholas Dykema increased his indirect holdings through compensation. On April 14, 2026, he acquired 6.356 shares of common stock at $158.42 per share via the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his first-quarter 2026 board fees.

Following this grant, he held 9,671.239 shares through the deferred compensation plan, which includes 20.386 shares received as dividend reinvestment from a cash dividend paid on March 16, 2026. As of the same date, he also held 9,793 shares indirectly through the John Dykema 2020 Trust and 43,881 shares directly.

Insider Trade Summary

Grant/Award: 6.356 shares

Grant/Award 3 txns

Insider Dykema John Nicholas

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6.356	$158.42	$1K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 9,671.239 shares (Indirect, By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors); Common Stock — 43,881 shares (Direct); Common Stock — 9,793 shares (Indirect, By the John Dykema 2020 Trust)

Footnotes (2)

F1. Mr. Dykema acquired 6.356 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his first quarter 2026 earned board fees.
F2. Includes 20.386 shares received as dividend reinvestment in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors from Nicolet Bankshares, Inc. paid cash dividend on March 16, 2026.

Key Figures

Shares acquired via deferred compensation: 6.356 shares Implied award price: $158.42 per share Deferred compensation plan holdings: 9,671.239 shares +3 more

6 metrics

Shares acquired via deferred compensation 6.356 shares Grant on April 14, 2026 under non-employee director plan

Implied award price $158.42 per share Value used for first-quarter 2026 board fee deferral

Deferred compensation plan holdings 9,671.239 shares Total in Nicolet National Bank Deferred Compensation Plan after grant

Dividend reinvestment shares 20.386 shares Reinvested from March 16, 2026 Nicolet Bankshares cash dividend

Trust indirect holdings 9,793 shares Held by the John Dykema 2020 Trust as of April 14, 2026

Direct common stock holdings 43,881 shares Directly owned as of April 14, 2026

Key Terms

Deferred Compensation Plan for Non-employee Directors, dividend reinvestment, cash dividend, indirect ownership

4 terms

Deferred Compensation Plan for Non-employee Directors financial

"acquired 6.356 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors"

dividend reinvestment financial

"Includes 20.386 shares received as dividend reinvestment in the Nicolet National Bank Deferred Compensation Plan"

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

cash dividend financial

"from Nicolet Bankshares, Inc. paid cash dividend on March 16, 2026"

A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.

indirect ownership financial

"indirect ownership noted as By the John Dykema 2020 Trust and by Nicolet National Bank Deferred Compensation Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did NIC director John Nicholas Dykema report on this Form 4?

John Nicholas Dykema reported acquiring 6.356 shares of Nicolet Bankshares common stock through an indirect award. The shares were credited under a deferred compensation plan for non-employee directors in exchange for first-quarter 2026 board fees, rather than a market purchase.

How did Dykema acquire additional Nicolet Bankshares (NIC) shares?

He acquired 6.356 shares by deferring his first-quarter 2026 earned board fees into the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors. This is a compensation-related stock crediting, not an open-market purchase of Nicolet Bankshares common stock.

How many Nicolet Bankshares shares does Dykema hold after this Form 4?

After the reported transactions, Dykema held 9,671.239 shares through the deferred compensation plan, 9,793 shares indirectly via the John Dykema 2020 Trust, and 43,881 shares directly. These figures show his combined direct and indirect equity exposure as of April 14, 2026.

What role did dividend reinvestment play in Dykema’s NIC holdings?

The filing notes that 20.386 shares in the deferred compensation plan were received via dividend reinvestment. These came from a Nicolet Bankshares, Inc. cash dividend paid on March 16, 2026, which was automatically reinvested into additional plan shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/22/2026 - 02:50 PM EDT

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^*

Dykema John Nicholas

(Last)

(First)

(Middle)

C/O NICOLET NATIONAL BANK

111 NORTH WASHINGTON STREET

(Street)

GREEN BAY

WISCONSIN

54301

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/14/2026		A		6.356⁽¹⁾	A	$158.42	9,671.239⁽²⁾	I	By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors
Common Stock								43,881	D
Common Stock								9,793	I	By the John Dykema 2020 Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Mr. Dykema acquired 6.356 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his first quarter 2026 earned board fees.

2. Includes 20.386 shares received as dividend reinvestment in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors from Nicolet Bankshares, Inc. paid cash dividend on March 16, 2026.

	/s/ H. Phillip Moore, Jr., as attorney-in-fact for John N. Dykema	04/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR