{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-062084","form_type":"8-K","ticker":"FBIZ","cik":"0001521951","company_name":"FIRST BUSINESS FINANCIAL SERVICES, INC.","filed_at":"2025-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.594615+00:00","generated_at":"2026-05-22T22:39:03.131405+00:00","sec_items":["5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"FBIZ amends bylaws shifting powers to CEO; shareholders re-elect Lorenz, approve say-on-pay","bullets":["Bylaws amended to give CEO authority to call special shareholder/board meetings and sign stock certificates, replacing President.","W. Kent Lorenz re-elected to board with 98% of votes cast (5.6M for, 92K withheld).","Non-binding advisory vote on named executive officer compensation approved with 97% support (5.5M for).","Shareholders chose annual frequency for say-on-pay votes; 85% voted for 1 year, 11% for 3 years.","Crowe LLP ratified as independent auditor for FY2025 with 98% of shares voted in favor."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-062084","json":"https://secwatch.observer/filing/0000950170-25-062084.json","markdown":"https://secwatch.observer/filing/0000950170-25-062084.md","text":"https://secwatch.observer/filing/0000950170-25-062084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1521951/000095017025062084/0000950170-25-062084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1521951/000095017025062084/fbiz-20250425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T22:39:03.131405+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"19d6f590bd828900ff0786badc363959f891dc72","claim":"FIRST BUSINESS FINANCIAL SERVICES, INC.: Amended By-Laws to transfer authority from President to CEO for calling shareholder and board meetings, signing stock certificates, and revised meeting chairperson provisions (effective 2025-04-25).","evidence_excerpt":"Effective April 25, 2025, the Board of Directors (the “Board”) of First Business Financial Services, Inc. (the “Company”) approved certain amendments to the Company’s Amended and Restated By-Laws (the “By-Laws”) in light of the Company’s current leadership structure.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1521951/000095017025062084/0000950170-25-062084-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-04-25"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}