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Company Analysis

NIC Insider Trading

NICOLET BANKSHARES INC | National Commercial Banks

Comprehensive Trading Performance Summary

The investment history of corporate insiders at NICOLET BANKSHARES INC provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the National Commercial Banks sector.

Last 7 Days
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Last 30 Days Trend
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Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2026-02-20 22:52 2026-02-18 ATWELL ROBERT BRUCE Director OPT+S $155.47 6,396 $994,386 34,054 0.0%
2025-11-20 21:41 2025-11-18 MOORE HUBERT PHILLIP JR Officer - CFO BUY $120.35 25 $3,009 400 +6.7%
2025-11-06 22:29 2025-11-04 Ghidorzi Christopher J. Director BUY $121.52 105 $12,760 8,456 +1.3%
2025-11-03 22:26 2025-10-30 WEYERS ROBERT J Director BUY $115.73 3,000 $347,200 1,000 +100.0%
2025-10-31 22:13 2025-10-30 MOORE HUBERT PHILLIP JR Officer - CFO BUY $115.84 240 $27,802 32,947 +0.7%
2025-08-28 22:06 2025-08-27 Witczak Eric James Officer - EVP & Secretary OPT+S $139.42 1,588 $221,399 28,901 0.0%
2025-08-27 18:24 2025-08-26 Witczak Eric James Officer - EVP & Secretary OPT+S $136.70 1,564 $213,799 28,901 0.0%
2025-07-22 21:43 2025-07-21 ATWELL ROBERT BRUCE Director OPT+S $139.47 6,904 $962,874 34,220 0.0%
2025-07-22 21:09 2025-07-18 Witczak Eric James Officer - EVP & Secretary OPT+S $139.77 5,000 $698,850 28,901 0.0%
2025-06-10 19:26 2025-06-09 ATWELL ROBERT BRUCE Director OPT+S $118.30 3,126 $369,806 34,220 0.0%
2025-06-03 15:41 2025-05-30 ATWELL ROBERT BRUCE Director OPT+S $123.42 3,208 $395,934 34,220 0.0%
2025-04-25 20:07 2025-04-23 ATWELL ROBERT BRUCE Director OPT+S $115.85 6,192 $717,359 33,816 0.0%
2025-04-23 22:36 2025-04-21 MERKATORIS SUSAN L Director SELL $108.58 3,700 $401,739 78,218 -4.5%
2025-03-12 16:26 2025-03-07 MERKATORIS SUSAN L Director SELL $115.26 300 $34,578 81,918 -0.4%
2025-02-27 00:50 2025-02-24 ATWELL ROBERT BRUCE Director OPT+S $117.65 3,102 $364,953 33,816 0.0%
2025-02-13 20:28 2025-02-12 ATWELL ROBERT BRUCE Director OPT+S $118.08 3,975 $469,368 30,317 0.0%
2025-01-30 21:29 2025-01-29 ATWELL ROBERT BRUCE Director SELL $110.05 150 $16,508 0 -100.0%
2025-01-29 23:39 2025-01-27 MERKATORIS SUSAN L Director SELL $111.27 1,000 $111,270 82,218 -1.2%
2024-12-11 23:36 2024-12-10 ATWELL ROBERT BRUCE Director OPT+S $113.00 7,609 $859,817 32,831 0.0%
2024-12-06 21:01 2024-12-05 ATWELL ROBERT BRUCE Director OPT+S $113.00 8,945 $1,010,785 32,831 0.0%
2024-12-04 20:39 2024-12-02 ATWELL ROBERT BRUCE Director OPT+S $113.00 3,446 $389,398 32,831 0.0%
2024-11-27 17:22 2024-11-26 Hutjens Brad Vincent Officer - EVP - CCO - Nicolet Natl Bank OPT+S $113.23 146 $16,531 29,593 0.0%
2024-11-26 19:47 2024-11-22 Hutjens Brad Vincent Officer - EVP - CCO - Nicolet Natl Bank OPT+S $113.43 7,354 $834,185 29,593 0.0%
2024-11-15 19:59 2024-11-13 Hutjens Brad Vincent Officer - EVP - CCO - Nicolet Natl Bank OPT+S $115.30 6,000 $691,770 26,674 0.0%
2024-11-13 18:05 2024-11-11 DANIELS MICHAEL E Director, Officer - Chairman, President & CEO OPT+S $115.00 11,449 $1,316,635 72,434 0.0%
2024-11-13 17:23 2024-11-11 Witczak Eric James Officer - EVP & Secretary OPT+S $113.11 20,343 $2,300,997 25,530 0.0%
2024-11-13 02:19 2024-11-08 Hutjens Brad Vincent Officer - EVP - CCO - Nicolet Natl Bank OPT+S $111.87 13,500 $1,510,206 26,674 0.0%
2024-11-12 23:42 2024-11-08 ATWELL ROBERT BRUCE Director OPT+S $110.00 9,986 $1,098,460 33,315 0.0%
2024-11-08 22:40 2024-11-07 Witczak Eric James Officer - EVP & Secretary OPT+S $110.27 33,657 $3,711,492 25,530 0.0%
2024-11-08 21:18 2024-11-07 ATWELL ROBERT BRUCE Director OPT+S $110.00 14 $1,540 33,315 0.0%
2024-11-08 18:38 2024-11-06 DANIELS MICHAEL E Director, Officer - Chairman, President & CEO OPT+S $106.47 63,551 $6,766,561 72,434 0.0%
2024-11-08 18:28 2024-11-06 Hutjens Brad Vincent Officer - EVP - CCO - Nicolet Natl Bank OPT+S $106.35 13,500 $1,435,725 26,674 0.0%
2024-10-31 00:04 2024-10-28 ATWELL ROBERT BRUCE Director OPT+S $103.00 17,092 $1,760,476 33,315 0.0%
2024-10-30 23:22 2024-10-28 Hutjens Brad Vincent Officer - EVP - CCO - Nicolet Natl Bank OPT+S $102.85 4,560 $468,996 26,674 0.0%
2024-10-29 01:13 2024-10-25 Hutjens Brad Vincent Officer - EVP - CCO - Nicolet Natl Bank OPT+S $102.85 1,079 $110,975 26,674 0.0%
2024-10-25 01:52 2024-10-23 Hutjens Brad Vincent Officer - EVP - CCO - Nicolet Natl Bank OPT+S $102.28 7,861 $804,004 26,674 0.0%
2024-10-25 00:37 2024-10-23 DANIELS MICHAEL E Director, Officer - Chairman, President & CEO OPT+S $101.08 29,071 $2,938,613 72,434 0.0%
2024-10-23 21:19 2024-10-22 ATWELL ROBERT BRUCE Director SELL $101.01 2,500 $252,521 33,315 -7.0%
2024-10-22 19:13 2024-10-18 ATWELL ROBERT BRUCE Director OPT+S $103.22 2,908 $300,169 35,815 0.0%
2024-09-03 20:28 2024-08-30 DANIELS MICHAEL E Director, Officer - Chairman, President & CEO OPT+S $98.98 10,316 $1,021,044 72,402 0.0%
2024-08-30 00:30 2024-08-28 DANIELS MICHAEL E Director, Officer - Chairman, President & CEO OPT+S $98.97 9,324 $922,780 72,402 0.0%
2024-08-28 22:57 2024-08-26 DANIELS MICHAEL E Director, Officer - Chairman, President & CEO OPT+S $98.94 1,289 $127,534 72,402 0.0%
2024-07-25 17:52 2024-07-23 ATWELL ROBERT BRUCE Director OPT+S $101.58 10,000 $1,015,755 37,515 0.0%
2024-07-24 23:22 2024-07-22 MERKATORIS SUSAN L Director SELL $97.46 5,000 $487,275 83,218 -5.7%
2024-07-22 22:43 2024-07-22 Hutjens Brad Vincent Officer - EVP - CCO - Nicolet Natl Bank OPT+S $99.00 10,000 $990,019 26,642 0.0%
2024-07-22 22:15 2024-07-19 Witczak Eric James Officer - EVP & Secretary SELL $97.18 15,000 $1,457,639 26,498 -36.1%
2024-07-22 21:11 2024-07-19 ATWELL ROBERT BRUCE Director OPT+S $97.89 15,000 $1,468,370 38,515 0.0%
2024-06-12 18:33 2024-06-11 MERKATORIS SUSAN L Director SELL $76.70 1,000 $76,700 88,218 -1.1%
2024-06-10 23:54 2024-06-07 MERKATORIS SUSAN L Director SELL $79.04 6 $474 89,218 0.0%
2024-06-07 18:39 2024-06-05 MERKATORIS SUSAN L Director SELL $79.02 3,000 $237,074 89,224 -3.3%
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How to Interpret $NIC Trades

Not every insider transaction in NICOLET BANKSHARES INC is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $NIC shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for NIC

Insider activity data for NICOLET BANKSHARES INC is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $NIC, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.