---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-065600"
form_type: "8-K"
ticker: "FBIZ"
cik: "0001521951"
company_name: "FIRST BUSINESS FINANCIAL SERVICES, INC."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T07:50:17.557483+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# First Business Financial appoints Jason R. Graham to Board of Directors

## Summary
- Board expanded from 7 to 8 directors; Graham appointed as Class II Director effective May 1, 2025.
- Graham founded Rationality Capital (2017) and served as CFO of Journal Media Group, Journal Communications, and Brookdale Senior Living.
- Graham also appointed to the Audit Committee, replacing no one.
- No related-party transactions or compensatory arrangements beyond standard non-employee director pay.
- Board determined Graham is independent under Nasdaq and SEC rules.

## SEC filing metadata
- accession: 0000950170-25-065600
- form_type: 8-K
- ticker: FBIZ
- cik: 0001521951
- company_name: FIRST BUSINESS FINANCIAL SERVICES, INC.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1521951/000095017025065600/0000950170-25-065600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1521951/000095017025065600/fbiz-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-065600
- JSON: https://secwatch.observer/filing/0000950170-25-065600.json
- Plain text: https://secwatch.observer/filing/0000950170-25-065600.txt

## Key facts
- Executive change
  Jason R. Graham was appointed as Class II Director at FIRST BUSINESS FINANCIAL SERVICES, INC..
  - Action: appointed
  - Role: Class II Director
  source text: appointed Mr. Jason R. Graham as a Class II Director to fill the vacancy created by this increase.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1521951/000095017025065600/0000950170-25-065600-index.htm

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