First Business Financial Services Files 8-K

Ticker: FBIZ · Form: 8-K · Filed: May 1, 2024 · CIK: 1521951

First Business Financial Services, INC. 8-K Filing Summary
FieldDetail
CompanyFirst Business Financial Services, INC. (FBIZ)
Form Type8-K
Filed DateMay 1, 2024
Risk Levellow
Pages2
Reading Time3 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: corporate-governance, financial-reporting

TL;DR

FB Financial Services filed an 8-K on 4/26 for shareholder votes and financials.

AI Summary

On April 26, 2024, First Business Financial Services, Inc. filed an 8-K report detailing matters submitted to a vote of security holders and financial statements. The company, incorporated in Wisconsin with its principal executive offices in Madison, WI, operates within the commercial banking sector.

Why It Matters

This filing provides an update on corporate governance and financial reporting for First Business Financial Services, Inc., which is important for investors to understand the company's operational status and any shareholder decisions.

Risk Assessment

Risk Level: low — This is a routine filing for corporate actions and financial reporting, not indicating any immediate financial distress or significant new risks.

Key Players & Entities

FAQ

What specific matters were submitted to a vote of security holders?

The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not provided in the excerpt.

What financial statements are included in this 8-K filing?

The filing states that financial statements are included, but the excerpt does not specify which financial statements are being presented.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on April 26, 2024.

What is the primary business of First Business Financial Services, Inc. according to its SIC code?

According to its Standard Industrial Classification (SIC) code, First Business Financial Services, Inc. is in the 'STATE COMMERCIAL BANKS' industry.

Where are the principal executive offices of First Business Financial Services, Inc. located?

The principal executive offices of First Business Financial Services, Inc. are located at 401 Charmany Drive, Madison, Wisconsin 53719.

Filing Stats: 713 words · 3 min read · ~2 pages · Grade level 11.8 · Accepted 2024-05-01 16:05:34

Key Financial Figures

Filing Documents

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. On April 26, 2024, First Business Financial Services, Inc. (the "Company") held its Annual Meeting of Shareholders (the "Annual Meeting") to: (1) elect three Class II directors to hold office until the 2027 annual meeting of shareholders and until their successors are duly elected and qualified; (2) approve in a non-binding advisory vote the compensation of the Company's named executive officers; and (3) ratify the appointment of Crowe LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024. Of the aggregate 8,306,543 shares of the Company's common stock issued and outstanding as of the close of business on the record date, February 28, 2024, 6,431,288 shares or 77% were represented in person or by proxy at the Annual Meeting. At the Annual Meeting, the Company's shareholders voted as follows: (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 Laurie S. Benson 5,630,101 150,580 650,607 Corey A. Chambas 5,741,131 39,550 650,607 John J. Harris 5,720,312 60,369 650,607 The three nominees listed above were elected by a plurality to serve on the Board. Further, each nominee received in excess of 97% of the shares voted in favor of their election. (2) 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 5,322,163 150,234 308,283 650,607 This matter was approved by shareholders with 92% of shares voted cast in favor of the proposal. (3) Ratification of the appointment of Crowe LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2024. Votes For Votes Against Abstentions Broker Non-Votes 6,373,538 40,883 16,687 0 This matter was approved by shareholders with 99

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibits. The following exhibits are being furnished herewith: 99.1 Slides from the 2024 Annual Meeting of Shareholders 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 1, 2024 FIRST BUSINESS FINANCIAL SERVICES, INC. By: /s/ Brian Spielmann Name: Brian Spielmann Title: Chief Financial Officer

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