Board member Long receives 429-share award at Nicolet Bankshares (NIC)

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

LONG DONALD J JR reported acquisition or exercise transactions in this Form 4 filing.

Nicolet Bankshares Inc. director Donald J. Long Jr. received a stock-based board retainer. On May 19, 2026, he was granted a restricted stock award of 429 shares of common stock, which fully vested immediately at an indicated value of $139.63 per share.

Following this grant, Long directly holds 81,113 shares of Nicolet Bankshares common stock and indirectly holds 5,616.815 shares through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors. The transaction reflects compensation rather than an open-market purchase.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider LONG DONALD J JR

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	429	$139.63	$60K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 81,113 shares (Direct, null); Common Stock — 5,616.815 shares (Indirect, By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors)

Footnotes (1)

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Key Figures

Restricted stock award: 429 shares Grant value per share: $139.63 per share Direct holdings after grant: 81,113 shares +1 more

4 metrics

Restricted stock award 429 shares Board annual retainer granted May 19, 2026

Grant value per share $139.63 per share Value used for 429-share restricted stock award

Direct holdings after grant 81,113 shares Common stock directly owned by Donald J. Long Jr. after award

Indirect holdings 5,616.815 shares Held via Nicolet National Bank Deferred Compensation Plan

Key Terms

restricted stock award, annual retainer, Deferred Compensation Plan, indirect ownership

4 terms

restricted stock award financial

"granted as a restricted stock award with an immediate full vest of 429 shares"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

annual retainer financial

"The Company paid Mr. Long the Board annual retainer, granted as a restricted stock award"

Deferred Compensation Plan financial

"By 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.

indirect ownership financial

"reported as indirect ownership through the Nicolet National Bank Deferred Compensation Plan"

Form 4 Insider Transactions: What Each Field Means →

05/21/2026 - 05:23 PM

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^*

LONG DONALD J JR

(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)
05/19/2026

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	05/19/2026		A		429⁽¹⁾	A	$139.63	81,113	D
Common Stock								5,616.815	I	By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

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. The Company paid Mr. Long the Board annual retainer, granted as a restricted stock award with an immediate full vest of 429 shares, as of May 19, 2026.

	/s/ H. Phillip Moore, Jr., as attorney-in-fact for Donald Long, Jr.	05/21/2026
	** 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).
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

FAQ

What did Nicolet Bankshares (NIC) director Donald J. Long Jr. report on this Form 4?

He reported receiving a restricted stock award of 429 Nicolet Bankshares common shares as his board annual retainer. The shares fully vested immediately on May 19, 2026, and represent compensation, not an open-market stock purchase.

How many Nicolet Bankshares (NIC) shares did Donald J. Long Jr. receive as compensation?

He received 429 shares of Nicolet Bankshares common stock as a restricted stock award. This award represents his annual board retainer and vested in full immediately as of May 19, 2026, according to the Form 4 footnote.

At what value was the Nicolet Bankshares (NIC) stock award to Donald J. Long Jr. recorded?

The 429-share restricted stock award was recorded at $139.63 per share. This per-share value is disclosed in the Form 4 and is used to reflect the dollar value of his annual board retainer compensation.

How many Nicolet Bankshares (NIC) shares does Donald J. Long Jr. own after this grant?

After the grant, he directly owns 81,113 Nicolet Bankshares common shares. In addition, he indirectly owns 5,616.815 shares through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors, as reported in the Form 4 filing.

Is the Nicolet Bankshares (NIC) Form 4 transaction an open-market purchase by Donald J. Long Jr.?

No, the transaction is a compensation-related restricted stock award, not an open-market purchase. The company granted 429 fully vested shares as Mr. Long’s annual board retainer, reflecting director compensation rather than discretionary buying activity.

How is Donald J. Long Jr.’s indirect ownership in Nicolet Bankshares (NIC) structured?

His indirect ownership of 5,616.815 shares is held through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors. This plan-based holding is reported as indirect ownership on the Form 4, separate from his directly held common shares.