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.