Nicolet Bankshares Approves $13 Million Performance-Based Equity Awards for Executive Team

Reuters

01/27

Nicolet Bankshares Approves $13 Million Performance-Based Equity Awards for Executive Team

Nicolet Bankshares Inc. has announced new equity awards for its executive and senior management teams in connection with the anticipated merger with MidWestOne Financial Group, Inc. The awards total 101,000 restricted stock units, with a grant date value of $13 million, to be recognized over a three-year vesting period from 2026 through 2028. Michael E. Daniels will receive 20,000 restricted stock units, while H. Phillip Moore, Jr., Eric J. Witczak, Brad V. Hutjens, and William M. Bohn will each receive 10,000 units. Vesting of these awards is contingent on the completion of the merger, as well as meeting specified performance metrics, including peer bank Return on Average Assets and cumulative earnings per share targets by December 31, 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nicolet Bankshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001174850-26-000039), on January 26, 2026, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nicolet Bankshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001174850-26-000039), on January 26, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIC","symbol_name":"Nicolet Bankshares Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260126:nNDL5KvjvV:1","article_id":"2606622648","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2606622648","pubTimestamp":1769462237,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Nicolet Bankshares Inc. has announced new equity awards for its executive and senior management teams in connection with the anticipated merger with MidWestOne Financial Group, Inc. The awards total 101,000 restricted stock units, with a grant date value of $13 million, to be recognized over a three-year vesting period from 2026 through 2028. Michael E. Daniels will receive 20,000 restricted stock units, while H. Phillip Moore, Jr., Eric J. Witczak, Brad V. Hutjens, and William M. Bohn will each receive 10,000 units. 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The awards total 101,000 restricted stock units, with a grant date value of $13 million, to be recognized over a three-year vesting period from 2026 through 2028. Michael E. Daniels will receive 20,000 restricted stock units, while H. Phillip Moore, Jr., Eric J. Witczak, Brad V. Hutjens, and William M. Bohn will each receive 10,000 units. Vesting of these awards is contingent on the completion of the merger, as well as meeting specified performance metrics, including peer bank Return on Average Assets and cumulative earnings per share targets by December 31, 2028.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nicolet Bankshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001174850-26-000039), on January 26, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}