Godwin Janet E 4
4 · NICOLET BANKSHARES INC · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Nicolet (NIC) Director Janet Godwin Receives 3,364 Shares in Merger
What Happened
- Janet E. Godwin, a director of Nicolet Bankshares, Inc. (NIC), acquired 3,364 shares of NIC common stock on February 13, 2026. The Form 4 reports the shares as an Award/Grant/Acquisition (code A) at $0.00 per share (total reported value $0), reflecting a share conversion in the completed merger.
Key Details
- Transaction date and price: Feb 13, 2026 — 3,364 shares at $0.00 per share (Form 4 code A).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes of note:
- The merger between Nicolet Bankshares and MidWestOne Financial Group closed Feb 13, 2026 (Merger Agreement dated Oct 23, 2025).
- Under the merger terms, each MidWestOne (MOFG) share converted into 0.3175 shares of NIC common stock.
- Ms. Godwin received 0.3175 NIC shares for each MOFG share she held, resulting in the 3,364-share receipt.
- Filing timeliness: Form filed Feb 18, 2026. Given the Feb 16 federal holiday, the Feb 18 filing date appears timely under the two-business-day reporting rule.
Context
- This was a conversion/acquisition tied to a corporate merger, not an open-market purchase or sale. Such merger-related transfers reflect transaction mechanics (share exchange) rather than an independent trading decision by the insider.
Insider Transaction Report
Form 4
Godwin Janet E
Director
Transactions
- Award
Common Stock
[F1][F2][F3]2026-02-13+3,364→ 3,364 total
Footnotes (3)
- [F1]On February 13, 2026, pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement") dated October 23, 2025, the merger by and between Nicolet Bankshares, Inc. ("NIC") and MidWestOne Financial Group, Inc. ("MOFG") was completed and MOFG merged with and into NIC.
- [F2]Pursuant to the terms of the Merger Agreement, each MOFG common share has the right to receive 0.3175 shares of NIC common stock.
- [F3]Ms. Godwin received 0.3175 shares of NIC common stock in exchange for each of her MOFG common shares held as of the effective time of the merger, February 13, 2026.
Signature
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Janet E. Godwin|2026-02-18