Nicolet Bankshares (NIC) CFO logs 940-share tax withholding, 37,921 shares held
Rhea-AI Filing Summary
Nicolet Bankshares Inc. CFO Hubert Phillip Moore Jr. reported routine updates to his shareholdings. On the reported date, 940 shares of common stock were withheld to satisfy tax obligations on vested restricted stock at $144.06 per share, a non-market transaction. Following this tax-withholding disposition, he directly holds 37,921 common shares. The filing also reports 65 shares held by his adult son and 400 shares held in his spouse's IRA as indirect holdings, with explicit disclaimers that he does not have a pecuniary interest in the son's shares. A footnote states he owns 503 shares through the Employee Stock Purchase Plan as of the report date.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
MOORE HUBERT PHILLIP JR
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 940 | $144.06 | $135K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 37,921 shares (Direct);
Common Stock — 400 shares (Indirect, By Spouse's IRA)
Footnotes (1)
- Shares withheld to satisfy tax obligation of vested restricted stock. Includes shares acquired under the Employee Stock Purchase Plan. I have not acquired additional shares under the Employee Stock Purchase Plan since my last Form 4 filing on May 19, 2026. I own a total of 503 shares in the Employee Stock Purchase Plan as of the date of this report. I disclaim beneficial ownership of these holdings by my adult son, I have no pecuniary interest in the holdings, and the filing of this report is not an admission that I am the beneficial owner of these shares for purposes of Section 16 or for any other purpose. I disclaim beneficial ownership of these holdings held by my adult son, I have no pecuniary interest in the holdings, and the filing of this report is not an admission that I am the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
Key Figures
Tax-withheld shares: 940 shares
Tax-withholding price: $144.06 per share
Direct shares after transaction: 37,921 shares
+3 more
6 metrics
Tax-withheld shares
940 shares
Shares withheld to satisfy tax obligation on vested restricted stock
Tax-withholding price
$144.06 per share
Value used for 940-share tax-withholding disposition
Direct shares after transaction
37,921 shares
Common stock directly held by CFO after tax withholding
Adult son holdings
65 shares
Common stock held by adult son, with beneficial ownership disclaimed
Spouse’s IRA holdings
400 shares
Common stock held indirectly through spouse’s IRA
ESPP holdings
503 shares
Shares owned in Employee Stock Purchase Plan as of report date
Key Terms
restricted stock, Employee Stock Purchase Plan, beneficial ownership, pecuniary interest, +1 more
5 terms
restricted stock financial
"Shares withheld to satisfy tax obligation of vested restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Employee Stock Purchase Plan financial
"Includes shares acquired under the Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
beneficial ownership financial
"I disclaim beneficial ownership of these holdings by my adult son"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"I have no pecuniary interest in the holdings"
Section 16 regulatory
"not an admission that I am the beneficial owner of these shares for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did NIC CFO Hubert Phillip Moore Jr. report in this Form 4?
The CFO reported that 940 shares of Nicolet Bankshares common stock were withheld to cover tax obligations on vested restricted stock. This is a non-market tax-withholding disposition rather than an open-market sale or purchase, and reflects routine compensation-related activity.
Does this NIC Form 4 indicate buying or selling by the CFO?
The Form 4 shows a tax-withholding disposition of 940 shares tied to vested restricted stock, coded F. It does not report any open-market purchases or sales, so it mainly reflects routine compensation and tax handling rather than discretionary trading activity.