ATWELL ROBERT BRUCE 4

What Happened
Robert Bruce Atwell, a director of Nicolet Bankshares, was granted 429 shares as a restricted stock award on May 19, 2026. The award is reported at a per-share value of $139.63, for a total value of $59,901. This transaction was an award/acquisition (code A), not an open-market purchase or sale.

Key Details

• Transaction date: May 19, 2026; Filing date (Form 4): May 21, 2026 (two days after the transaction).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 429 at $139.63 per share; total value $59,901.
• Shares owned after the transaction: Not disclosed in the filing.
• Footnote: Company paid Mr. Atwell his annual board retainer as a restricted stock award that fully vested immediately (footnote F1).
• Timeliness: Filed two days after the reported transaction date; appears to meet the Form 4 reporting window.

Context
This was a compensation-related award (board retainer) that vested immediately, meaning the shares were acquired as pay rather than bought on the open market. Such awards are routine forms of director compensation and do not directly indicate a buying or selling signal from the insider.