Andrew F. Hetzel Jr. - 21 Oct 2025 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role
Director
Signature
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Andrew F. Hetzel Jr
Issuer symbol
NIC
Transactions as of
21 Oct 2025
Net transactions value
+$2,019
Form type
4
Filing time
23 Jan 2026, 15:27:12 UTC
Previous filing
17 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
HETZEL ANDREW F JR Director C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY /s/ H. Phillip Moore, Jr., as attorney-in-fact for Andrew F. Hetzel Jr 23 Jan 2026 0001243718

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Award $1,009 +8 +0.4% $129.40 1,958 21 Oct 2025 By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors F1, F2
transaction NIC Common Stock Award $1,010 +8 +0.39% $131.43 1,971 20 Jan 2026 By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors F3, F4
holding NIC Common Stock 8,622 21 Oct 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Hetzel acquired 7.797 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his third quarter 2025 earned board fees.
F2 Includes 4.668 shares received as dividend reinvestment in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors from Nicolet Bankshares, Inc. paid cash dividend on September 15, 2025.
F3 Mr. Hetzel acquired 7.684 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his fourth quarter 2025 earned board fees.
F4 Includes 4.769 shares received as dividend reinvestment in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors from Nicolet Bankshares, Inc. paid cash dividend on December 15, 2025.