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

Reporting relationship: Director
Issuer ticker: NIC
Reported as of: 21 Oct 2025
Net transaction value: +$2,019
SEC form: 4
Accepted by SEC: 23 Jan 2026, 15:27:12 UTC
Prior SEC filing: 17 Jul 2025
Source filing: View source filing
Reporting owner signature: /s/ H. Phillip Moore, Jr., as attorney-in-fact for Andrew F. Hetzel Jr

Key filing fact

Andrew F. Hetzel Jr. filed Form 4 for NICOLET BANKSHARES INC (NIC) on 23 Jan 2026.

Key facts

This page summarizes Andrew F. Hetzel Jr.'s Form 4 filing for NICOLET BANKSHARES INC (NIC).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 23 Jan 2026, 15:27.

Change

Previous filing in this sequence was filed on 17 Jul 2025.
Current net transaction value: +$2,019.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001243718 Primary reporting owner

HETZEL ANDREW F JR

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NIC transaction

Common Stock

Award

Transaction value: $1,009
Shares: +8
Change %: +0.4%
Price: $129.40
Shares after: 1,958
Date: 21 Oct 2025
Ownership: By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors
Footnotes: F1, F2

NIC transaction

Common Stock

Award

Transaction value: $1,010
Shares: +8
Change %: +0.39%
Price: $131.43
Shares after: 1,971
Date: 20 Jan 2026
Ownership: By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors
Footnotes: F3, F4

NIC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 8,622
Date: 21 Oct 2025
Ownership: Direct

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.