ATWELL ROBERT BRUCE 4

What Happened
Robert Bruce Atwell, a director of Nicolet Bankshares, acquired 12.712 shares on April 14, 2026 under a non-employee director deferred compensation arrangement. The reporting value is $158.42 per share, totaling about $2,014. This was an acquisition (award/deferral of board fees), not a sale — a routine compensation-related receipt rather than a market purchase.

Key Details

• Transaction date: 2026-04-14; Filing date: 2026-04-22. No late-filing flag indicated in the provided filing.
• Transaction type/code: A (Grant, award or other acquisition).
• Shares acquired: 12.712 at $158.42 per share; total reported value ≈ $2,014.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: Shares were acquired by deferring Q1 2026 board fees into the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
  • F2: The total includes 1.172 shares received via dividend reinvestment from the March 16, 2026 cash dividend.
• No 10b5-1 plan, tax-withholding sale, or option exercise noted.

Context
This transaction reflects routine compensation deferral for a non-employee director rather than a market-driven buy or sale. Such awards are common for directors who elect to receive fees as equity; they are informational but typically do not signal a change in insider sentiment about the company.