secwatch.observer — SEC 8-K summary
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Issuer:     FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ)
CIK:        0001521951
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0001104659-24-050616
Event type: other_material
Sentiment:  positive
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

First Business Financial Services vests 2021 PRSUs at 'Superior' level; CEO gets 15,010 shares
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- Compensation Committee determined 2021 PRSU performance at 'Superior' for TSR and ROAE.
- Corey A. Chambas vested 15,010 shares; other execs vested between 4,100 and 6,920 shares.
- Edward G. Sloane (retired CFO) vested 4,748 shares; new CFO Brian Spielmann vested 0.
- Vesting resolves prior proxy statement uncertainty due to final ROAE data now available.
- Shares were earned under 2021 Long-Term Incentive Plan; executives listed by name.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1521951/000110465924050616/0001104659-24-050616-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1521951/000110465924050616/tm2412221d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-050616

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer