---
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"
generated_at: "2026-05-22T22:39:03.131405+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# FBIZ amends bylaws shifting powers to CEO; shareholders re-elect Lorenz, approve say-on-pay

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-062084
- JSON: https://secwatch.observer/filing/0000950170-25-062084.json
- Plain text: https://secwatch.observer/filing/0000950170-25-062084.txt

## Key facts
- Governance Changes
  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).
  - Change: bylaw amendment
  - Effective: 2025-04-25
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1521951/000095017025062084/0000950170-25-062084-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.