Hayek Matthew J 4

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.