CHAVARRIA CARLA C 4

What Happened Carla C. Chavarria, a director of First Business Financial Services, Inc. (FBIZ), was reported to have acquired 710 shares via an award/grant on 2026-05-16. The filing lists the acquisition price as $0.00 (total reported value $0), indicating these were awarded shares rather than a cash purchase or market trade.

Key Details

• Transaction date and price: 2026-05-16; 710 shares acquired at $0.00 (transaction code A = award/acquisition).
• Shares owned after transaction: Not explicitly stated on the Form 4. The filing’s footnote notes 4,191 shares are held by The Carla Sanders Revocable Trust (dated Aug. 2, 2018).
• Footnotes/remarks: F1 — includes 4,191 shares held by The Carla Sanders Revocable Trust dated August 2, 2018. Reporting person’s former name listed as Carla C. Sanders.
• Filing timeliness: Form 4 was filed on 2026-05-19 for the May 16 transaction; the filing does not indicate a late report.

Context An "A" code award typically reflects a grant of stock (e.g., restricted stock or a similar award) and is different from an open-market purchase or sale. Awards recorded at $0.00 on Form 4 generally represent shares granted to the insider rather than a cash-funded buy; such grants are common as part of compensation or board awards and do not by themselves indicate a buy/sell market signal.