---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-191442"
form_type: "8-K"
ticker: "FBIZ"
cik: "0001521951"
company_name: "FIRST BUSINESS FINANCIAL SERVICES, INC."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:46:00.949630+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FBIZ shareholders approve 2026 equity plan, elect directors; CEO transition from Chambas to Seiler on May 3

## Summary
- CEO Corey Chambas to step down; Dave Seiler becomes President & CEO effective May 3, 2026.
- Shareholders approved 2026 Equity Incentive Plan with 96% votes cast in favor.
- Three Class I directors elected: Carla Chavarria, Jerry Kilcoyne, Daniel Olszewski (each >95% votes cast).
- Non-binding advisory vote on executive compensation passed with 95% approval.
- Ratification of Crowe LLP as auditor for 2026 with 99% approval.

## SEC filing metadata
- accession: 0001193125-26-191442
- form_type: 8-K
- ticker: FBIZ
- cik: 0001521951
- company_name: FIRST BUSINESS FINANCIAL SERVICES, INC.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1521951/000119312526191442/0001193125-26-191442-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1521951/000119312526191442/fbiz-20260424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-191442
- JSON: https://secwatch.observer/filing/0001193125-26-191442.json
- Plain text: https://secwatch.observer/filing/0001193125-26-191442.txt

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