Hayek Matthew J 4
4 · NICOLET BANKSHARES INC · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Nicolet Bankshares (NIC) Director Matthew Hayek Receives 4,063 Shares
What Happened
- Matthew J. Hayek, a director of Nicolet Bankshares, Inc. (NIC), was issued 4,063 shares of NIC stock on February 13, 2026. The Form 4 lists this as an "A" (grant/award/other acquisition) at $0.00 per share — these were not a market purchase but shares received as merger consideration.
Key Details
- Transaction date: February 13, 2026
- Filing date: February 18, 2026 (appears timely given the Presidents Day holiday on Feb 16)
- Reported transaction: 4,063 shares acquired, price reported $0.00 (code A)
- Shares owned after transaction: Not specified in the Form 4 provided
- Notable footnotes from the filing:
- The merger between Nicolet (NIC) and MidWestOne Financial Group, Inc. (MOFG) closed Feb 13, 2026 under a Merger Agreement dated Oct 23, 2025.
- Under the merger terms, each MOFG share was converted into 0.3175 shares of NIC.
- Mr. Hayek received NIC shares in exchange for his MOFG shares at that 0.3175 ratio.
Context
- This was a non-market transaction: Mr. Hayek’s NIC shares were issued in exchange for his MOFG shares as part of the completed merger, not bought or sold on the open market. Such conversions reflect corporate action (merger consideration) rather than an insider signaling a buy or sell decision.
Insider Transaction Report
Form 4
Hayek Matthew J
Director
Transactions
- Award
Common Stock
[F1][F2][F3]2026-02-13+4,063→ 4,063 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]Mr. Hayek received 0.3175 shares of NIC common stock in exchange for each of his 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 Matthew J. Hayek|2026-02-18