Garcia Laura M. 4

What Happened

• Laura M. Garcia, Chief Risk Officer of First Business Financial Services, Inc. (FBIZ), disposed of 194 shares as a tax-withholding payment (code F). The shares were valued at $53.81 each for a total of $10,439. This transaction reflects a withholding to satisfy tax liability rather than an open-market sale.

Key Details

• Transaction date: 2026-05-16; Filing date (Form 4): 2026-05-19.
• Price per share: $53.81; Shares withheld/disposed: 194; Total value: $10,439.
• Transaction code: F — payment of exercise price or tax liability (shares surrendered to cover taxes).
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• No late-filing flag noted in the submitted Form 4.

Context

• This was a tax-withholding disposition (common after option exercises or RSU vesting), not an open-market sale intended to trade on company outlook. Such withholdings are routine and typically do not signal a change in insider sentiment.