Nicolet CEO gifts 53,714 shares to revocable trust

Nicolet Bankshares Inc. Chairman, President & CEO Michael E. Daniels reported an internal share transfer involving a bona fide gift.

Rhea-AI Filing Summary

Nicolet Bankshares Inc. Chairman, President & CEO Michael E. Daniels reported an internal share transfer involving a bona fide gift. On April 30, 2026, he transferred 53,714 shares of common stock to the Daniels Revocable Trust for no consideration. He is trustee of the trust, and he and his spouse are its sole beneficiaries, so he remains the beneficial owner of these shares.

The filing also updates his indirect holdings, including shares held by his spouse and in a 401(k) plan, and notes that he owns 1,103 shares through the Employee Stock Purchase Plan as of the report date. The transactions do not represent open-market buying or selling.

Insider Trade Summary

107,428 shares gifted

Gift 4 txns

Insider DANIELS MICHAEL E

Role Chairman, President & CEO

Type	Security	Shares	Price	Value
Gift	Common Stock	53,714	$0.00	$0.00
Gift	Common Stock	53,714	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 73,127 shares (Direct); Common Stock — 53,714 shares (Indirect, By Daniels Revocable Trust); Common Stock — 6,252 shares (Indirect, By 401(k) Plan); Common Stock — 9,803 shares (Indirect, By Spouse)

Footnotes (2)

1. F1. Includes an additional 42 shares acquired under the Employee Stock Purchase Plan since Mr. Daniels last Form 4 filing dated February 17, 2026. Mr. Daniels owns a total of 1,103 shares in the Employee Stock Purchase Plan as of the date of this report.
2. F2. On April 30, 2026, Mr. Daniels transferred 53,714 shares of Nicolet Bankshares, Inc. common stock to the Daniels Revocable Trust for no consideration. Mr. Daniels is trustee of the trust, and Mr. Daniels and his spouse are the sole beneficiaries of the trust. Mr. Daniels remains the beneficial owner of the securities held by the trust.

Key Figures

Shares transferred to trust: 53,714 shares Trust holdings after transfer: 53,714 shares Direct holdings after transaction: 73,127 shares +3 more

6 metrics

Shares transferred to trust 53,714 shares Bona fide gift to Daniels Revocable Trust on April 30, 2026

Trust holdings after transfer 53,714 shares Common stock held indirectly by Daniels Revocable Trust

Direct holdings after transaction 73,127 shares Common stock held directly by Michael E. Daniels

Spouse indirect holdings 9,803 shares Common stock held indirectly by spouse

401(k) plan holdings 6,252 shares Common stock held indirectly via 401(k) plan

ESPP holdings 1,103 shares Shares in Employee Stock Purchase Plan as of report date

Key Terms

bona fide gift, Revocable Trust, beneficial owner, Employee Stock Purchase Plan, +1 more

5 terms

bona fide gift financial

"transaction_code_description": "Bona fide gift""

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Revocable Trust financial

"transferred 53,714 shares ... to the Daniels Revocable Trust"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

beneficial owner financial

"Mr. Daniels remains the beneficial owner of the securities held by the trust"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

Employee Stock Purchase Plan financial

"acquired under the Employee Stock Purchase Plan since Mr. Daniels last Form 4"

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.

indirect ownership financial

"ownership_type": "indirect", "nature_of_ownership": "By Spouse""

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/04/2026 - 04:34 PM EDT Learn about SEC filing dates

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^*

DANIELS MICHAEL E

(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
X	Officer (give title below)		Other (specify below)
	Chairman, President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/30/2026		G		53,714	D	$0	73,127(1)	D(2)
Common Stock	04/30/2026		G		53,714	A	$0	53,714	I(2)	By Daniels Revocable Trust
Common Stock								6,252	I	By 401(k) Plan
Common Stock								9,803	I	By Spouse

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes an additional 42 shares acquired under the Employee Stock Purchase Plan since Mr. Daniels last Form 4 filing dated February 17, 2026. Mr. Daniels owns a total of 1,103 shares in the Employee Stock Purchase Plan as of the date of this report.

2. On April 30, 2026, Mr. Daniels transferred 53,714 shares of Nicolet Bankshares, Inc. common stock to the Daniels Revocable Trust for no consideration. Mr. Daniels is trustee of the trust, and Mr. Daniels and his spouse are the sole beneficiaries of the trust. Mr. Daniels remains the beneficial owner of the securities held by the trust.

	/s/ H. Phillip Moore, Jr., as attorney-in-fact for Michael E. Daniels	05/04/2026
	** 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)