Dykema John Nicholas 4

What Happened

• John Nicholas Dykema, a director of Nicolet Bankshares, acquired 15.367 shares on January 20, 2026 through a grant/award in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors. The transaction is reported at $131.43 per share for a total value of approximately $2,020. This was an acquisition via fee deferral (not an open-market purchase).

Key Details

• Transaction date and price: 2026-01-20 at $131.43 per share.
• Shares acquired: 15.367; reported value ≈ $2,020.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes:
  • F1: The 15.367 shares were acquired by deferring Dykema’s Q4 2025 board fees into the deferred compensation plan.
  • F2: Filing notes inclusion of 23.395 shares received earlier via dividend reinvestment in the same deferred compensation plan from the Dec 15, 2025 cash dividend.
• Filing timeliness: Report filed 2026-01-21 for a 2026-01-20 transaction (appears timely).

Context

• This transaction reflects a routine deferred-compensation allocation of director fees into company stock, which is administrative and not the same signal as an open-market buy or sell. The dollar amount is modest (~$2k), and the filing indicates the acquisition occurred within a company deferred-comp plan rather than via immediate sale or option exercise.