NICOLET BANKSHARES INC

Ticker: NIC CUSIP: 65406E102 Class: COM

DARK FOREST CAPITAL MANAGEMENT LP's Holding History (CIK: 0001853322)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 3,587 Value ($000) $435 Avg Close $126.18 Range $113.84 - $136.49

Q3 2025

Shares 6,799 Value ($000) $914 Avg Close $132.17 Range $122.34 - $141.24

Q2 2025

Shares 3,220 Value ($000) $398 Avg Close $116.10 Range $97.18 - $125.54

Q2 2022

Shares 126 Value ($000) $9 Avg Close $78.32 Range $68.36 - $91.56

Q1 2022

Shares 2,858 Value ($000) $267 Avg Close $90.22 Range $83.33 - $95.09

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	3,587	$435	$126.18	$113.84 - $136.49
Q3 2025	6,799	$914	$132.17	$122.34 - $141.24
Q2 2025	3,220	$398	$116.10	$97.18 - $125.54
Q2 2022	126	$9	$78.32	$68.36 - $91.56
Q1 2022	2,858	$267	$90.22	$83.33 - $95.09