{"schema_version":"secwatch.filing_event.v1","accession":"0001521951-23-000047","form_type":"8-K","ticker":"FBIZ","cik":"0001521951","company_name":"FIRST BUSINESS FINANCIAL SERVICES, INC.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.226714+00:00","generated_at":"2026-06-16T03:22:59.832455+00:00","sec_items":["5.07","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"confidence":"high","headline":"First Business Financial Services shareholders elect four directors, approve all proposals at 2023 annual meeting","bullets":["Elected Class I directors Carla Chavarria, Ralph Kauten, Gerald Kilcoyne, Daniel Olszewski with >97% votes in favor.","Approved amendment to 2019 Equity Incentive Plan with 94% of shares voted cast in favor.","Non-binding advisory vote on named executive officer compensation approved with 94% of votes cast in favor.","Ratified Crowe LLP as independent auditor for 2023 with 99% of shares voted cast in favor."],"urls":{"canonical":"https://secwatch.observer/filing/0001521951-23-000047","json":"https://secwatch.observer/filing/0001521951-23-000047.json","markdown":"https://secwatch.observer/filing/0001521951-23-000047.md","text":"https://secwatch.observer/filing/0001521951-23-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1521951/000152195123000047/0001521951-23-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1521951/000152195123000047/fbiz-20230428.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:22:59.832455+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":"39f910455b4fbc9301097fd3312f33aee6a3b52f","claim":"FIRST BUSINESS FINANCIAL SERVICES, INC. shareholders approved Non-binding advisory vote on the compensation of the Company’s named executive officers at the 2023-04-28 meeting.","evidence_excerpt":"(3) Approval in a non-binding, advisory vote, of the compensation of the Company’s named executive officers. Votes For Votes Against Abstentions Broker Non-Votes 5,581,211 133,981 238,041 555,295","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1521951/000152195123000047/0001521951-23-000047-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-28"}],"fact_type":"shareholder_vote"},{"claim_id":"6248bf0f91c5adbbfe84b9e2793a6ac4e8293b63","claim":"FIRST BUSINESS FINANCIAL SERVICES, INC. shareholders approved Election of four Class I directors at the 2023-04-28 meeting.","evidence_excerpt":"(1) Election of the below-named nominees to the Board of Directors of the Company (the “Board”): Nominees Votes For Votes Withheld Broker Non-Votes Carla C. Chavarria 5,789,962 163,272 555,295 Ralph R. Kauten 5,896,142 57,092 555,295 Gerald L. Kilcoyne 5,861,145 92,089 555,295 Daniel P. Olszewski 5,817,317 135,917 555,295","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1521951/000152195123000047/0001521951-23-000047-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-28"}],"fact_type":"shareholder_vote"},{"claim_id":"7d8a9b1249d7ce282ba085e7c4e5d726c63eac7c","claim":"FIRST BUSINESS FINANCIAL SERVICES, INC. shareholders approved Approval of an amendment to the First Business Financial Services, Inc. 2019 Equity Incentive Plan at the 2023-04-28 meeting.","evidence_excerpt":"(2) Act upon a proposal to approve an amendment to the First Business Financial Services, Inc. 2019 Equity Incentive Plan. Votes For Votes Against Abstentions Broker Non-Votes 5,608,824 328,730 15,679 555,295","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1521951/000152195123000047/0001521951-23-000047-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-28"}],"fact_type":"shareholder_vote"},{"claim_id":"ebb7010d78ce0d003d61f0d1f92f26e954db803b","claim":"FIRST BUSINESS FINANCIAL SERVICES, INC. shareholders approved Ratification of the appointment of Crowe LLP as the independent registered public accounting firm for the year ending December 31, 2023 at the 2023-04-28 meeting.","evidence_excerpt":"(4) Ratification of the appointment of Crowe LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2022. Votes For Votes Against Abstentions Broker Non-Votes 6,452,067 31,378 25,083 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1521951/000152195123000047/0001521951-23-000047-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-28"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}