Nicolet Bankshares director sells 3,556 shares
The director's reported option balance after the exercise was 30,000 shares, and 3,556 common shares were sold.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Nicolet Bankshares Inc. director Robert Bruce Atwell exercised options for 10,000 shares of common stock on October 23, 2026, at an exercise price of $56.43 per share. On the same date, 6,444 shares were delivered or withheld for payment of exercise price or tax liability, and he sold 3,556 shares at $171.22 per share. His reported post-transaction option balance was 30,000 shares.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
ATWELL ROBERT BRUCE
Role
Director
Sold
3,556 shs ($609K)
Approx. gross sale proceeds
$609K
Approx. exercise cost
$564K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F2 | 10,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,000 | $56.43 | $564K |
| Exercise Price or Tax Liability | Common Stock | 6,444 | $171.51 | $1.11M |
| Sale | Common Stock | 3,556 | $171.22 | $609K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 30,000 contracts (Direct);
Common Stock — 34,483 shares (Direct);
Common Stock — 1,070.838 shares (Indirect, by Nicolet National Bank Deferred Compensation Plan For Non-employee Directors)
Footnotes (2)
- F1. Includes 2.231 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 September 15, 2026.
- F2. The nonqualified options vested in five annual installments of 13,500 shares on November 1 of each year, beginning on November 1, 2018, and fully vested on November 1, 2022. The nonqualified options are currently exercisable as to 30,000.
Key Figures
Options exercised: 10,000 shares
Exercise price: $56.43 per share
Shares delivered or withheld: 6,444 shares
+4 more
7 metrics
Options exercised
10,000 shares
October 23, 2026
Exercise price
$56.43 per share
Options exercised October 23, 2026
Shares delivered or withheld
6,444 shares
For payment of exercise price or tax liability on October 23, 2026
Shares sold
3,556 shares
October 23, 2026
Sale price
$171.22 per share
Sale on October 23, 2026
Post-transaction option balance
30,000 shares
Reported following the October 23, 2026 exercise
Indirect deferred compensation plan holdings
1,071 shares
Reported October 23, 2026
Key Terms
nonqualified options, Deferred Compensation Plan, dividend reinvestment
3 terms
nonqualified options financial
"The nonqualified options vested in five annual installments"
Nonqualified options are employee stock options that give a holder the right to buy company shares at a set price for a limited period, like a coupon letting you buy a product later at today’s price. They matter to investors because when exercised the difference between market price and the set price is taxed as regular income (affecting the holder’s tax bill) and can dilute existing shares and create a tax deduction for the company.
Deferred Compensation Plan financial
"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.
dividend reinvestment financial
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many NIC stock options did Robert Bruce Atwell exercise?
He exercised options for 10,000 shares of common stock at $56.43 per share on October 23, 2026. The reported option balance following the exercise was 30,000 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
