First Business (FBIZ) Director Scott M. Ferris Receives 575-Share Award

What Happened

• Scott M. Ferris, a director of First Business Financial Services, Inc. (FBIZ), was granted 575 shares on 2026-08-16. The reported acquisition price is $0.00, so the grant had a reported cash value of $0 on the Form 4 (this indicates a stock award/grant rather than a cash purchase).

Key Details

• Transaction date: 2026-08-16; Filing date (Form 4): 2026-08-18.
• Transaction type/code: A — Grant/Award/Other acquisition.
• Shares acquired: 575 shares at $0.00 per share (total reported cash outlay $0).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/notes: No 10b5-1 plan, tax withholding, or cashless-sale notes were indicated in the provided details.
• Timeliness: The Form 4 was filed two days after the transaction date (appears timely for a Form 4 filing).

Context

• Stock awards like this are typically compensation-related (e.g., restricted stock or RSUs) and do not necessarily reflect immediate buying or selling sentiment. They differ from open-market purchases, which are a direct cash investment by an insider. No indication was provided that the shares were immediately sold or that any withholding occurred.