DANIELS MICHAEL E

NIC CEO Daniels sells 11,449 shares in 2 transactions at $115.00, reducing stake by 13.6% to 72,434 shares

Michael E. Daniels, Chairman, President & CEO of Nicolet Bankshares, executed 2 separate sales totaling 11,449 shares for $1,316,635.00 at $115.00 on 2024-11-11 and 2024-11-12, reducing his holdings from 83,883 to 72,434 shares. These sales occurred near the 52-week high of $115.00 and represent a 13.6% reduction in his stake. His prior 5 trades at NIC have yielded 0 well-timed sales at the 90-day mark, and his cross-ticker track record shows a 90d well-timed rate of 0.00%, indicating his historical sells have not preceded stock declines. The current price of $111.98 reflects the stock is -2.6% from the transaction prices, while the stock has posted +14.8% in 30 days and +26.1% in 90 days, suggesting recent upward momentum into these sales.

NIC CEO Michael Daniels sold 63,551 shares ($6.8M) in 2 transactions at blended avg $106.47, reducing holdings 46.7%.

Michael E. Daniels, Chairman, President & CEO of Nicolet Bankshares, executed 2 separate sales totaling 63,551 shares for $6,766,563.74 on 2024-11-06, at prices of $104.99 and $115.00, reducing his holdings from 135,985 to 72,434 shares (a 46.7% reduction). The stock currently trades at $110.98, near its 52-week high of $115.00, having gained 18.4% over 30 days and 27.2% over 90 days. His prior sales at NIC show mixed timing outcomes: a November 2023 sale delivered +6.7% at the 90-day mark, while subsequent August 2024 sales posted -4.5% to -4.6%, with his cross-ticker track record showing a 0.00% well-timed rate on prior sells (avg 90d return +2.9%, suggesting his prior sales across all tickers preceded gains, not declines). The scale of this divestiture—nearly half his remaining stake in a single filing—combined with the stock's strength and his historical underperformance in timing sells, merits investor attention.

NIC CEO Michael Daniels sold 29,071 shares at $101.08 on 2024-10-23, reducing holdings to 72,434 shares (28.6% reduction).

Michael Daniels, the Chairman, President & CEO of Nicolet BankShares, sold 29,071 shares at $101.08, representing a substantial 28.6% reduction in his holdings. The stock has since risen $1.76 from the sale price, currently at $102.84, putting the transaction at -2.0% from the 52-week high. His recent prior sales at NIC (three consecutive days in late August 2024) each saw subsequent 30-day declines around -4.5%, whereas his longer-term track record shows mixed timing (0.00% well-timed rate on cross-ticker sells, averaging +2.9% 90-day returns). The company's fundamentals remain solid with a P/E of 14.78 and net income of $29,273,000.00, suggesting the sale does not reflect distress but rather discretionary portfolio action by the CEO.

CEO Michael Daniels sold 10,316 shares of NIC at $98.98 on 2024-08-30; post-transaction holdings of 72,402 shares (-12.5%)

Michael Daniels, Chairman, President & CEO, executed a sale of 10,316 shares at $98.98 on 2024-08-30 totaling $1,021,043.64, reducing his stake by 12.5% to 72,402 shares. The sale occurred near the 52-week high of $103.65, within 5.4% of the peak, amid a strong 24.4% 90-day rally. Examining his same-ticker history at NIC reveals a pattern worth noting: his three prior measurable sells in late 2023 were followed by positive stock returns (90-day outcomes of +6.7%, +1.8%, and +1.8%), indicating they were not well-timed exits—the stock continued climbing after he sold. The current sale is one of two consecutive sales in late August 2024 (the previous day's sale on 2024-08-29 also included in filings), suggesting a deliberate multi-day reduction rather than a single discrete event. His cross-ticker track record shows a 0.00% well-timed rate on sells, reinforcing that timing has not been a consistent strength.

NIC CEO Michael Daniels sold 9,324 shares (11.4% of holdings) for $922,780.58 in two Aug 2024 transactions

Michael Daniels, Chairman, President & CEO of Nicolet Bankshares, sold 9,324 shares across two transactions on 2024-08-28 and 2024-08-29 at a blended average price of $98.97, reducing his holdings from 81,726 shares to 72,402 shares. The current stock price of $98.09 is 5.4% below the 52-week high of $103.65, and notably, his prior five sales at NIC were all poorly timed, with 0 of 5 achieving negative 90-day returns (the 90-day returns for those prior sales ranged from 1.1% to 10.6%). His broader cross-ticker track record shows a 0.00% well-timed rate across five prior sells, indicating no consistent pattern of selling before declines. The company trades at a P/E of 14.09 on net income of $29,273,000.00, suggesting an established profitability baseline, but without additional context regarding the discretionary or scheduled nature of this sale, the timing signal remains opaque relative to his poor prior execution at this ticker.