Witczak Eric James

EVP Eric James Witczak sold 20,343 shares at $113.11 blended average; 5 prior sells at NIC show 0 well-timed at 90d

Eric James Witczak, EVP & Secretary of Nicolet Bankshares, executed 2 separate sales totaling 20,343 shares for $2,300,995.84 on 2024-11-11, reducing his holdings by 44.3% from 45,873 to 25,530 shares. The blended average sale price of $113.11 sits near the current price of $111.98 and within 2.6% of the 52-week high of $115.00. Examining his same-ticker history at NIC, Witczak's 3 prior measurable sales (July 19, 2024) showed 30-day returns of -6.7%, -5.9%, and -5.0%, but all posted positive 90-day returns of +6.7%, +7.6%, and +8.5% respectively—meaning none were well-timed at the 90-day mark (0 of 3). This filing adds to a pattern where the stock has moved favorably after his recent sells, rather than downward as would suggest advance knowledge of a decline.

EVP Eric James Witczak sells 33,657 shares at $110.27 avg for $3.7M, reducing stake 56.9%

Eric James Witczak, EVP & Secretary, executed two separate open-market sales on 2024-11-07, selling 30,557 shares at $110.18 and 3,100 shares at $111.25, totaling 33,657 shares for $3,711,491.68 at a blended average price of $110.27. This disposition represents a -56.9% reduction in his pre-transaction holdings (from 59,187 to 25,530 shares), a material diminishment of his equity stake. At the same-ticker level, his prior five sales at NIC show mixed 90-day timing outcomes: two were well-timed (negative 90d returns: -1.5% and -1.0%), while three were poorly timed (positive 90d returns: +8.5%, +7.6%, and +6.7%), indicating no consistent pattern of anticipating price moves in this stock. The current price of $110.98 is now -3.5% from the 52-week high of $115.00, and the stock has posted strong recent momentum (+18.4% over 30 days, +27.2% over 90 days), which offers limited evidence that the insider was ahead of a downturn at the time of sale.

EVP Eric Witczak sells 15,000 NIC shares in 3 transactions for $1,457,638.74; stock up 28.6% in 30 days.

EVP & Secretary Eric Witczak executed 3 separate sales on 2024-07-19 totaling 15,000 shares for $1,457,638.74 at prices ranging from $96.74 to $98.40, reducing his holdings by 36.1% to 26,498 shares post-transaction. This follows a strong 28.6% run-up in the stock over the prior 30 days and positions him at -0.6% from the 52-week high of $100.81. In the context of his prior trades at NIC, both 2023 sales (on 2023-12-15 and 2023-12-14) were well-timed at the 90-day mark, establishing a pattern where subsequent price declines followed those sales. The current trade occurs after substantial near-term momentum, but lacks a scheduled trade FLAG and occurs at prices $1.43–$3.51 below today's $100.17 closing price, offering no immediate visibility into whether this sale precedes further appreciation or a pullback.