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EdgarHawk

Hutjens Brad Vincent

EVP - CCO - Nicolet Natl Bank

Officer
2 filings analyzed · 1 company · Latest 2024-11-12

Companies

Company Buys Sells Direction
NICOLET BANKSHARES INC NIC 0 10 Net selling

Activity

November 2024
medium
Sell
13,500 shares
$1,510,206
Significance 5/10

EVP-CCO Brad Vincent Hutjens sold 13,500 shares of NIC for $1.5M (blended avg $111.87) across 5 transactions in Nov 2024

Brad Vincent Hutjens, EVP and Chief Compliance Officer of Nicolet Bankshares, executed 5 separate sales totaling 13,500 shares for $1,510,206.05 between November 8-11, 2024, at prices ranging from $110.90 to $112.88. This represents a 33.6% reduction in his shareholding from 40,174 to 26,674 shares. The timing coincides with the stock trading near its 52-week high of $115.00 (currently at $113.76), and follows a 30-day gain of +17.6% and 90-day gain of +30.3%. His cross-ticker track record shows only 2 prior open-market sells, and his same-ticker history at NIC includes 2 prior sells on 2024-11-06 with outcomes not yet measurable. The sale volume and pricing context warrant monitoring, particularly given the senior compliance role and magnitude of the position reduction.

medium
Sell
13,500 shares
$1,435,725
Significance 4/10

EVP–CCO Hutjens sold 13,500 shares of NIC at blended $106.35 for $1.4M, reducing stake by -33.6% to 26,674 shares held.

Brad Vincent Hutjens, EVP and Chief Compliance Officer of Nicolet National Bank, executed 2 separate sales on 2024-11-06: 6,750 shares at $105.85 ($714,487.50) and 6,750 shares at $106.85 ($721,237.50), totaling 13,500 shares for $1,435,725.00 at a blended average price of $106.35. This sale reduced his holdings by -33.6% from 40,174 shares to 26,674 shares post-transaction. The timing occurred when NIC was trading near its 52-week high of $115.00 (currently -3.5% below that peak) and follows a 30-day price appreciation of +18.4% and 90-day appreciation of +27.2%, suggesting the stock had rallied substantially before the sale. Hutchins's prior open-market track record shows only 1 prior sell across all tickers, limiting the ability to assess a pattern of transaction timing in his history.

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