ATWELL ROBERT BRUCE 4

What Happened

Robert B. Atwell, a director of Nicolet Bankshares, was credited with 497.641 shares on May 19, 2026 as an award/acquisition (code A). The shares were recorded at $139.63 each, for a total value of $69,486. This was an acquisition tied to deferred director compensation (not an open-market purchase).

Key Details

• Transaction date and price: May 19, 2026 — 497.641 shares at $139.63 per share (total $69,486).
• Transaction type: Award/other acquisition (SEC code A) tied to deferred compensation.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The company paid Mr. Atwell his annual board cash retainer and committee fees, which he deferred into the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.
• Filing timeliness: Report filed May 26, 2026 for a May 19 transaction (filed 7 days later), which is outside the standard 2-business-day Form 4 reporting window.

Context

This transaction reflects director compensation that was deferred and converted into company shares — a common administration of non-employee director pay. Such awards are routine and do not necessarily indicate the director’s personal decision to buy or sell stock.