McCormick Tracy S 4
4 · NICOLET BANKSHARES INC · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Nicolet (NIC) Director Tracy McCormick Receives 29,797 Shares
What Happened
Tracy S. McCormick, a director of Nicolet Bankshares, acquired 29,797 shares of Nicolet common stock on February 13, 2026. The Form 4 reports the shares were issued at $0.00 (no cash paid) for a reported value of $0, reflecting a non‑market corporate transaction rather than an open‑market purchase or sale.
Key Details
- Transaction date: February 13, 2026. Transaction code: A (award/grant/other acquisition).
- Price: $0.00 per share; reported total value $0.
- Shares acquired: 29,797. Shares owned after transaction: not specified in the supplied filing.
- Filing date: February 18, 2026 — this filing date is beyond the usual two-business-day Form 4 deadline for a Feb 13 transaction (appears late).
- Notable footnotes:
- F1: The merger between Nicolet and MidWestOne closed on Feb 13, 2026.
- F2: Each MidWestOne (MOFG) share was converted into 0.3175 shares of Nicolet common stock.
- F3: Ms. McCormick received 0.3175 NIC shares for each MOFG share she held at the merger effective time.
Context
This acquisition resulted from the closing of the merger between Nicolet and MidWestOne and reflects share conversion/consideration paid to MidWestOne shareholders, not a purchase made by the director in the public market. Such merger-related issuances are routine corporate actions and should not be interpreted as a direct signal of insider trading intent.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-02-13+29,797→ 29,797 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. McCormick 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.