{"schema_version":"secwatch.filing_event.v1","accession":"0001521951-24-000037","form_type":"8-K","ticker":"FBIZ","cik":"0001521951","company_name":"FIRST BUSINESS FINANCIAL SERVICES, INC.","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.807808+00:00","generated_at":"2026-06-03T04:21:11.990940+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"First Business Financial approves $5M share repurchase program, no immediate plans to execute","bullets":["Board authorized up to $5 million in common stock repurchases with no expiration date.","Company states it has no immediate plans to use the program despite robust balance sheet growth.","CEO Corey Chambas cites capital management flexibility and ability to enhance shareholder value.","Rule 10b5-1 trading plan anticipated at appropriate time for repurchases during blackout periods.","Repurchases may occur in open market or negotiated transactions, subject to market conditions and regulations."],"urls":{"canonical":"https://secwatch.observer/filing/0001521951-24-000037","json":"https://secwatch.observer/filing/0001521951-24-000037.json","markdown":"https://secwatch.observer/filing/0001521951-24-000037.md","text":"https://secwatch.observer/filing/0001521951-24-000037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1521951/000152195124000037/0001521951-24-000037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1521951/000152195124000037/fbiz-20240426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:21:11.990940+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}