Chandler Jodi A 4

What Happened

• Jodi A. Chandler, Chief Human Resources Officer of First Business Financial Services, had 2,080 shares issued to her upon vesting of performance restricted stock units (PRSU) for the 2023–2025 period on 2026-04-10.
• To cover tax withholding, 834 of those shares were surrendered/disposed at an implied price of $58.60 per share, totaling $48,872. The award issuance is reported as acquisition code A (price $0.00) and the withholding as code F (tax payment).

Key Details

• Transaction date: 2026-04-10; Form 4 filed: 2026-04-14 (filed 4 days after the transaction).
• Award (A): 2,080 shares issued @ $0.00.
• Tax withholding (F): 834 shares disposed @ $58.60 = $48,872.
• Footnote: F1 — shares issued upon vesting of PRSU awards for performance period 2023–2025.
• Shares owned after the transaction: not reported in the provided filing.

Context

• This was a compensation-related vesting event (not an open-market buy or sale). Withholding a portion of vested shares to satisfy tax obligations is a routine practice and does not necessarily signal the insider’s view on the stock.
• For investors: purchases by insiders can be a stronger bullish signal than routine vesting/withholding events like this one.