Hauschildt Jennifer Leigh 4
4 · MidWestOne Financial Group, Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
MidWestOne (MOFG) Director Jennifer Hauschildt Sells 11,330 Shares
What Happened
Jennifer Leigh Hauschildt, a director of MidWestOne Financial Group, disposed of 11,329.672 shares on February 13, 2026. The Form 4 reports the disposition as "to the issuer" (code D) with no per-share price or dollar value reported because the shares were canceled and converted under a merger agreement rather than sold on the open market.
Key Details
- Transaction date: February 13, 2026 (Effective Time of the merger). Form filed: February 17, 2026.
- Transaction type: Disposition to the issuer under the Merger Agreement with Nicolet Bankshares, Inc. (code D). No cash price (N/A) reported.
- Number of shares disposed: 11,329.672 shares. Filing shows shares as "disposed" (converted/canceled).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- F1/F2: On Feb 13, 2026 MOFG merged into Nicolet; each MOFG share was converted into the right to receive 0.3175 of a share of Nicolet common stock.
- F3: Outstanding MOFG RSUs were vested, canceled and converted into NIC shares at the exchange ratio, net of tax withholding.
- F4: The reporting person's MOFG share balance increased by 129.156 shares since the last filing due to dividend reinvestment.
- Timeliness: Filed Feb 17, 2026 for a Feb 13 transaction; the filing appears to be within the required SEC timeframe (no late-filing flag noted).
Context
This was a merger-related conversion/disposition to the issuer (not an open-market sale), meaning MOFG shares were canceled in connection with the Nicolet merger and converted into rights to Nicolet shares at a fixed exchange ratio (0.3175 NIC per MOFG). Because no cash sale occurred and no per-share dollar value is reported on the Form 4, the filing does not reflect a traditional insider sale for liquidity or signaling purposes.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1][F2][F3][F4]2026-02-13−11,329.672→ 0 total
Footnotes (4)
- [F1]On February 13, 2026 (the Effective Time), pursuant to the terms of the Agreement and Plan of Merger (the Merger Agreement) dated as of October 23, 2025, by and between MidWestOne Financial Group, Inc. (MOFG) and Nicolet Bankshares, Inc. (NIC), MOFG merged with and into NIC (the Merger). Defined terms not otherwise defined herein shall have the meaning set forth in the Merger Agreement.
- [F2]Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding share of MOFG Common Stock was canceled and converted into the right to receive 0.3175 of a share of NIC Common Stock (the Merger Consideration).
- [F3]Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding MOFG RSU Award was fully vested, canceled and converted into the right to receive a number of shares of NIC Common Stock equal to the product of (i) the number of shares of MOFG Common Stock subject to such MOFG RSU Award immediately prior to the Effective Time multiplied by (ii) the Exchange Ratio, less any applicable withholding taxes.
- [F4]Shares increased by 129.156 shares due to additional shares acquired through dividends reinvested since the reporting person's last Form filing.