Graham Jason R 4

What Happened
Jason R. Graham, a director of First Business Financial Services, Inc. (FBIZ), was granted 710 shares on May 16, 2026. The Form 4 reports the transaction as an award/grant (code A) with a reported acquisition price of $0.00, indicating a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-16; Form 4 filed: 2026-05-19 (appears timely under the two-business-day rule).
• Transaction type/code: Award/Grant (A).
• Shares granted: 710; reported price: $0.00 (grant).
• Holdings referenced in footnote F1: 1,600 shares held in the reporting person's IRA and 1,000 shares held by the GRAHAM LIVING TRUST (dated Aug 7, 2009). Combined with the 710-share award, this accounts for at least 3,310 shares referenced in the filing.
• No 10b5-1, tax-withholding, or cashless-sale notes were reported in the provided filing details.

Context
Stock awards to directors are typically part of compensation plans (e.g., restricted stock or deferred-award programs) and do not necessarily indicate the director buying or selling shares in the market. This filing reflects a grant to a director rather than a purchase or disposition and should be viewed as a compensation event, not direct evidence of insider sentiment.