Hutjens Brad Vincent 4
4 · NICOLET BANKSHARES INC · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Nicolet (NIC) EVP Brad Hutjens Receives RSU Award
What Happened Brad Vincent Hutjens, EVP and Chief Commercial Officer of Nicolet Bankshares, received 3,333 shares upon the vesting of performance-based restricted stock units (RSUs) on February 13, 2026. The RSUs vested at a reported price of $155.19 per share (3,333 x $155.19 = $517,248). To cover the tax liability from the vesting, 1,090 shares were withheld (disposed) at the same $155.19 price (1,090 x $155.19 = $169,157), leaving a net increase of 2,243 shares retained by Hutjens from this vesting.
Key Details
- Transaction date: 2026-02-13; filing date: 2026-02-17 (timely, accounting for the Presidents’ Day holiday).
- Award/acquisition: 3,333 RSU shares @ $155.19 each = $517,248.
- Tax withholding (disposition): 1,090 shares @ $155.19 each = $169,157.
- Net shares added from this vesting: 2,243 shares.
- Reported holdings in Employee Stock Purchase Plan: 848 shares (no additional ESPP purchases since his prior Form 4 on 2026-01-21).
- Footnotes: Vesting triggered by completion of the merger between Nicolet Bankshares, Inc. and MidWestOne Financial Group; shares were withheld to cover tax liability (net settlement).
Context This was a performance-based RSU vesting (an award/acquisition), not an open-market purchase or option exercise. The filing shows no additional open-market sales by Hutjens—only the customary withholding of shares to satisfy taxes on the vested RSUs. Awards and tax-withholdings are common executive compensation events and do not, by themselves, imply a buy or sell market signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-13$155.19/sh+3,333$517,248→ 36,620 total - Tax Payment
Common Stock
[F2][F3]2026-02-13$155.19/sh−1,090$169,157→ 35,530 total
- 1,818(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Restricted stock unit ("RSU") vesting. Per the terms of the RSU, the performance-based metric of successfully closing the merger between Nicolet Bankshares, Inc., and MidWestOne Financial Group was completed on February 13, 2026.
- [F2]Shares withheld to cover the tax liability of the RSU performance vesting on February 13, 2026.
- [F3]Includes shares acquired under the Employee Stock Purchase Plan. Mr. Hutjens has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing on January 21, 2026. Mr. Hutjens owns a total of 848 shares in the Employee Stock Purchase Plan as of the date of this report.