MidWestOne Financial Group Corrects Golden Parachute Compensation Table in Merger Proxy Statement

2025-12-22SEC Filing 8-K (0001412665-25-000165)

MidWestOne Financial Group, Inc. filed an 8-K on December 22, 2025, to correct an error in the joint proxy statement-prospectus filed with Nicolet Bankshares, Inc. regarding their contemplated merger. The correction specifically addresses the Golden Parachute Compensation table for MidWestOne's named executive officers on page 74 of the document. While the first three columns (Cash, Equity, and Perquisites/Benefits) were accurate, the fourth "Total" column did not correctly sum the amounts from the other columns. The filing provides corrected total compensation figures for five executives, with CEO Charles N. Reeves III receiving the highest total of $6,489,746. The disclosure is required under Item 402(t) of Regulation S-K and relates to merger-related compensation that is subject to a non-binding advisory shareholder vote. The filing also includes standard merger-related disclosures about where to find additional information and participant solicitation details.

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