Marcia M. Anderson - 20 May 2025 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role: Director
Signature: /s/ H. Phillip Moore, Jr., as attorney-in-fact for Marcia M. Anderson
Issuer symbol: NIC
Transactions as of: 20 May 2025
Net transactions value: +$49,886
Form type: 4
Filing time: 21 May 2025, 17:08:16 UTC
Previous filing: 17 Apr 2025
Next filing: 17 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Anderson Marcia M	Director	C/O NICOLET NATIONAL BANK, 111 N. WASHINGTON STREET, GREEN BAY	/s/ H. Phillip Moore, Jr., as attorney-in-fact for Marcia M. Anderson	21 May 2025	0001731849

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NIC	Common Stock	Award	$49,886	+404	+19%	$123.48	2,576	20 May 2025	Direct	F1
holding	NIC	Common Stock						312	20 May 2025	by Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Company paid Ms. Anderson the Board annual retainer, granted as a restricted stock award with an immediate full vest of 404 shares, as of May 20, 2025.