STOCK TITAN

Nicolet Bankshares (NIC) EVP reports 1,557-share stock sale in Form 4

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Eric James Witczak, EVP - Retail & Ag Banking at Nicolet Bankshares, reported open-market sales of 1,557 shares of Common Stock on July 27–28, 2026. These included 1,215 shares at a weighted average of $167.89 (within a $167.86–$167.98 range) and 342 shares at $171.96 per share. He continues to hold 6,783 shares indirectly through a 401(k) Plan and 968 shares in an Employee Stock Purchase Plan.

Positive

  • None.

Negative

  • None.
Insider Witczak Eric James
Role EVP - Retail & Ag Banking
Sold 1,557 shs ($263K)
Type Security Shares Price Value
Sale Common Stock F2 342 $171.96 $59K
Sale Common Stock F1 1,215 $167.89 $204K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 33,288 shares (Direct); Common Stock — 6,783 shares (Indirect, By 401(k) Plan)
Footnotes (2)
  1. F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.86 to $167.98, inclusive. Mr. Witczak will undertake to provide to Nicolet Bankshares, Inc., any security holder of Nicolet Bankshares, Inc., or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
  2. F2. Includes 69 additional shares acquired under the Employee Stock Purchase Plan since Mr. Witczak's last Form 4 filing on February 17, 2026. Mr. Witczak owns 968 remaining shares in the Employee Stock Purchase Plan following his sale on July 27, 2026, and as of the date of this report.
Shares sold July 27, 2026 1,215 shares Common Stock sold at a weighted average price of $167.89 within a $167.86–$167.98 range
Shares sold July 28, 2026 342 shares Common Stock sold at $171.96 per share in an open-market transaction
Total shares sold 1,557 shares Net shares sold across both reported Common Stock transactions
401(k) Plan holdings 6,783 shares Indirect Common Stock holdings via 401(k) Plan as of July 27, 2026
Employee Stock Purchase Plan holdings 968 shares Shares owned in the Employee Stock Purchase Plan as of the report date
Price range for July 27 sale $167.86–$167.98 Range of individual trade prices underlying the weighted average sale
Weighted average price July 27 $167.89 per share Weighted average price for the 1,215-share Common Stock sale
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Employee Stock Purchase Plan financial
"Includes 69 additional 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.
401(k) Plan financial
"total_shares_following_transaction 6783.0000, nature_of_ownership By 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

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

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FAQ

What insider stock transactions did Eric James Witczak report for Nicolet Bankshares (NIC)?

Eric James Witczak reported open-market sales of 1,557 Nicolet Bankshares common shares on July 27–28, 2026. The transactions comprised 1,215 shares at a weighted average of $167.89 and 342 shares at $171.96 per share.

At what prices were Nicolet Bankshares (NIC) shares sold in Witczak’s Form 4?

Witczak sold 1,215 shares at a weighted average price of $167.89, with individual trades between $167.86 and $167.98, and 342 shares at $171.96 per share in open-market transactions.

How many Nicolet Bankshares (NIC) shares does Witczak still hold after these sales?

After the reported sales, Witczak holds 6,783 shares indirectly through a 401(k) Plan and 968 shares in an Employee Stock Purchase Plan, according to the Form 4 transaction and its footnotes.

Were Eric James Witczak’s Nicolet Bankshares (NIC) sales under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked, meaning the reported transactions are not affirmed as made under a Rule 10b5-1 trading plan and appear to be discretionary sales.

What is Eric James Witczak’s position at Nicolet Bankshares (NIC)?

Eric James Witczak is reported as an officer with the title EVP - Retail & Ag Banking at Nicolet Bankshares Inc., as disclosed in the Form 4’s reporting person information.
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*
Witczak Eric James

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP - Retail & Ag Banking
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026
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 Stock07/27/2026S1,215D$167.89(1)33,630D
Common Stock07/28/2026S342D$171.9633,288(2)D
Common Stock6,783IBy 401(k) Plan
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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.86 to $167.98, inclusive. Mr. Witczak will undertake to provide to Nicolet Bankshares, Inc., any security holder of Nicolet Bankshares, Inc., or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
2. Includes 69 additional shares acquired under the Employee Stock Purchase Plan since Mr. Witczak's last Form 4 filing on February 17, 2026. Mr. Witczak owns 968 remaining shares in the Employee Stock Purchase Plan following his sale on July 27, 2026, and as of the date of this report.
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Eric J. Witczak07/29/2026
** 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)