McClone Dustin James 4

What Happened Dustin James McClone, a director of Nicolet Bankshares, received 15.367 shares of company stock on 2026-01-20 at an effective price of $131.43 per share (total value ≈ $2,020). The shares were acquired as a grant/award via the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his Q4 2025 board fees.

Key Details

• Transaction date: 2026-01-20; reported on Form 4 filed 2026-01-21 (timely).
• Transaction type/code: A — Award/Acquisition (deferred compensation).
• Shares acquired: 15.367 at $131.43 per share; aggregate value ≈ $2,020.
• Footnotes:
  • F1: Acquisition occurred by deferring fourth-quarter 2025 board fees into the deferred compensation plan.
  • F2: The total includes 4.487 shares received via dividend reinvestment from the cash dividend paid 2025-12-15.
• Shares owned after the transaction: not specified in the provided filing.

Context This was a fee-deferral into a director deferred compensation plan (not an open-market purchase or option exercise). Such transactions reflect routine compensation elections and dividend reinvestment rather than an explicit buy/sell decision in the market. No indication of a late filing or other special conditions in the submitted Form 4.