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Nicolet Bankshares (NIC) director granted 429-share board retainer award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Godwin Janet E reported acquisition or exercise transactions in this Form 4 filing.

Nicolet Bankshares Inc. director Janet E. Godwin received a stock-based compensation award. On May 19, 2026, she was granted 429 shares of common stock as a restricted stock award, described as the Board annual retainer. The filing reports a price of $139.63 per share for this grant, and her direct holdings increased to 3,793 common shares following the transaction.

Positive

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Insider Godwin Janet E
Role null
Type Security Shares Price Value
Grant/Award Common Stock 429 $139.63 $60K
Holdings After Transaction: Common Stock — 3,793 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock award 429 shares Board annual retainer granted May 19, 2026
Reported grant price $139.63 per share Value used for the 429-share award
Post-transaction holdings 3,793 shares Common stock directly held after the grant
Transaction code A Grant, award, or other acquisition of common stock
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.
Board annual retainer financial
"The Company paid Ms. Godwin the Board annual retainer, granted as a restricted stock award"
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED 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*
Godwin Janet E

(Last)(First)(Middle)
C/O NICOLET NATIONAL BANK
111 N. 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/19/2026A429(1)A$139.633,793D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The Company paid Ms. Godwin 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 Janet E. Godwin05/21/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Nicolet Bankshares (NIC) report for Janet E. Godwin?

Nicolet Bankshares reported that director Janet E. Godwin received 429 shares of common stock as a restricted stock award. This grant represents her Board annual retainer and increased her direct holdings to 3,793 shares after the transaction.

Was Janet E. Godwin’s Nicolet Bankshares (NIC) Form 4 transaction a market purchase or compensation grant?

The Form 4 shows a compensation grant, not a market purchase. Godwin received 429 shares of common stock as a restricted stock award representing the Board annual retainer, with an immediate full vest as of May 19, 2026.

How many Nicolet Bankshares (NIC) shares does Janet E. Godwin hold after this Form 4 transaction?

After the reported transaction, Janet E. Godwin directly holds 3,793 shares of Nicolet Bankshares common stock. This reflects the addition of the 429-share restricted stock award granted as her Board annual retainer on May 19, 2026.

What price per share is associated with Janet E. Godwin’s Nicolet Bankshares (NIC) stock award?

The filing associates a price of $139.63 per share with the 429-share restricted stock award granted to Janet E. Godwin. This value is used for reporting purposes on the Form 4 covering her Board annual retainer grant.

What does the footnote in Janet E. Godwin’s Nicolet Bankshares (NIC) Form 4 explain?

The footnote explains that Nicolet Bankshares paid Ms. Godwin the Board annual retainer as a restricted stock award of 429 shares. It notes that the award fully vested immediately as of May 19, 2026, clarifying the nature and timing of the grant.