Benson Laurie S. 4
Research Summary
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First Business (FBIZ) Director Laurie S. Benson Receives 710-Share Award
What Happened Laurie S. Benson, a director of First Business Financial Services, Inc. (FBIZ), received a grant/award of 710 shares on May 16, 2026. The Form 4 reports the acquisition at $0.00 per share (transaction code A), i.e., a non‑cash equity award; the filing lists no cash consideration for the shares.
Key Details
- Transaction date: 2026-05-16; filed with the SEC on 2026-05-19.
- Shares acquired: 710 shares; reported price per share: $0.00 (total reported cash cost $0).
- Shares owned after transaction: the filing notes 4,426 shares held in the reporting person's IRA (footnote F1). The filing does not explicitly state a total "owned after" figure—adding the 710 award to the IRA balance would imply 5,136 shares, but that total is not directly reported.
- Footnote: F1 — 4,426 shares are held by the reporting person's IRA.
- No indication in the filing of a 10b5-1 plan, tax withholding, or that the filing was late.
Context Equity awards to directors are common forms of compensation and are recorded as non‑cash acquisitions on Form 4; they do not represent an open‑market purchase or sale by the insider. Such grants are routine and do not by themselves signal buying or selling intent.