Eric J. Witczak - Jul 18, 2025 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role
EVP & Secretary
Signature
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Eric J. Witczak
Stock symbol
NIC
Transactions as of
Jul 18, 2025
Transactions value $
-$346,350
Form type
4
Date filed
7/22/2025, 02:09 PM
Previous filing
Nov 21, 2024
Next filing
Aug 27, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Witczak Eric James EVP & Secretary C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY /s/ H. Phillip Moore, Jr., as attorney-in-fact for Eric J. Witczak 2025-07-22 0001667436

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $353K +5K +17.3% $70.50 33.9K Jul 18, 2025 Direct
transaction NIC Common Stock Sale -$699K -5K -14.75% $139.77 28.9K Jul 18, 2025 Direct F1, F2
holding NIC Common Stock 6.78K Jul 18, 2025 By 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NIC Stock Option (Right to Buy) Options Exercise $0 -5K -20% $0.00 20K Jul 18, 2025 Common Stock 5K $70.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.50 to $140.04, inclusive. Mr. Witczak undertakes to provide to Nicolet Bankshares, Inc., any security holder of Nicolet Bankshares, Inc., or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 Includes 71 additional shares acquired under the Employee Stock Purchase Plan since Mr. Witczak's last Form 4 filing on November 21, 2024. Mr. Witczak owns a total of 1,042 shares in the Employee Stock Purchase Plan as of the date of this report.
F3 The nonqualified stock option fully vested as of November 18, 2024, and is currently exercisable as to all remaining 20,000 shares.