MOORE HUBERT PHILLIP JR 4

What Happened

• Hubert Phillip Moore Jr., Chief Financial Officer of Nicolet Bankshares (NIC), was granted 4,065 restricted shares on January 20, 2026 (transaction code A) at a reported value of $131.43 per share, totaling $534,263. This was an equity award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-01-20; Filing date: 2026-01-21 (appears timely).
• Price/value: $131.43 per share; total value $534,263.
• Vesting: Award vests in five equal annual installments beginning Jan 20, 2027, and fully vests Jan 20, 2031 (Footnote F1).
• Shares owned after transaction: the filing does not state total beneficial ownership; filing notes 462 shares held in the Employee Stock Purchase Plan as of the report date and that 23 of those were acquired since the prior Form 4 (Footnote F2).
• Transaction type: A = Award/Grant of restricted stock (these shares are typically subject to vesting and restrictions).

Context

• Restricted-share awards are a form of compensation and generally cannot be sold until they vest; they are not the same as a market purchase indicating immediate buying conviction.
• The small ESPP acquisition noted in Footnote F2 reflects routine employee participation, not a separate open-market purchase.