Chandler Jodi A 4

What Happened
Jodi A. Chandler, Chief Human Resources Officer of First Business Financial Services, received an award of 550 shares on 2026-02-16 (reported as acquisition code A). To satisfy tax withholding obligations, 313 of those shares were surrendered (disposed) on the same date at $58.36 per share, totaling $18,267 (disposition code F). The award line shows an acquisition price of $0.00 in the filing, while the withheld shares were disposed to cover taxes.

Key Details

• Transaction date: 2026-02-16; filing date (Form 4): 2026-02-18 (filed within the two-business-day reporting window).
• Award: 550 shares (code A) listed at $0.00 acquisition price in the filing.
• Tax withholding: 313 shares surrendered (code F) at $58.36 each, total $18,267.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notes: Code F indicates shares were withheld/disposed to pay tax liabilities associated with the award (common for RSUs or similar equity grants).

Context
This appears to be a routine equity award issuance with shares withheld for taxes (a cashless withholding), not an open-market sale or purchase. Such withholding transactions are standard administrative steps following grant vesting and do not necessarily indicate the insider’s view of the company’s stock.