FIRST BUSINESS FINANCIAL SERVICES, INC.·4

Apr 14, 4:24 PM ET

Quade Bradley A 4

4 · FIRST BUSINESS FINANCIAL SERVICES, INC. · Filed Apr 14, 2026

Research Summary

AI-generated summary of this filing

Updated

First Business (FBIZ) CCO Quade Bradley Receives Award; Shares Withheld

What Happened

  • Quade Bradley, Chief Credit Officer of First Business Financial Services, Inc. (FBIZ), had 2,740 shares issued upon vesting of performance restricted stock units (PRSUs) for the 2023–2025 performance period.
  • To satisfy tax withholding, 1,096 of those shares were tendered/withheld (reported as a disposition) at an assessed value of $58.60 per share, totaling $64,226. The award issuance is reported at $0.00 per share (typical for vested equity grants).

Key Details

  • Transaction dates: April 10, 2026 (award issuance and tax-withholding disposition).
  • Prices/values: Award reported at $0.00 per share; tax withholding disposition at $58.60/share for $64,226 total.
  • Shares owned after transaction: Not specified in the Form 4 filing.
  • Footnote: Issuance of common stock upon vesting of Performance Restricted Stock Unit awards for the 2023–2025 performance period.
  • Filing timing: Form 4 filed April 14, 2026 (four days after the reported transaction); this appears to be outside the typical 2-business-day reporting window and may be late.

Context

  • This was a routine equity vesting event (award) with shares withheld to cover tax liabilities (code F). Such withholding is a common administrative step and does not necessarily indicate a separate open-market sale or change in sentiment.

Insider Transaction Report

Form 4
Period: 2026-04-10
Quade Bradley A
Chief Credit Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-04-10+2,74017,678 total
  • Tax Payment

    Common Stock

    2026-04-10$58.60/sh1,096$64,22616,582 total
Footnotes (1)
  • [F1]Issuance of Common Stock upon vesting of Performance Restricted Stock Unit awards for the performance period 2023-2025.
Signature
Peter J. Wilder (pursuant to Power of Attorney filed previously)|2026-04-14

Documents

1 file
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES