William Kent Lorenz - Aug 19, 2024 Form 4 Insider Report for FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ)

Role: Director
Signature: Peter J. Wilder (Pursuant to Power of Attorney)
Stock symbol: FBIZ
Transactions as of: Aug 19, 2024
Transactions value $: -$49,208
Form type: 4
Date filed: 8/20/2024, 04:26 PM
Previous filing: May 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FBIZ	Common Stock	Sale	-$49.2K	-1.15K	-10.96%	$42.79	9.34K	Aug 19, 2024	Direct	F1, F2
holding	FBIZ	Common Stock						8.18K	Aug 19, 2024	By Spouse's IRA

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.75 to $42.925, inclusive. The reporting person undertakes to provide to First Business Financial Services, Inc., any security holder of First Business Financial Services, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F2	Includes 3,896 shares that are held in reporting person's revocable living trust for the benefit of reporting person and his spouse for which reporting person and his spouse are co-trustees, and 2,520 shares that are held by reporting person's IRA.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.75 to $42.925, inclusive. The reporting person undertakes to provide to First Business Financial Services, Inc., any security holder of First Business Financial Services, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

Includes 3,896 shares that are held in reporting person's revocable living trust for the benefit of reporting person and his spouse for which reporting person and his spouse are co-trustees, and 2,520 shares that are held by reporting person's IRA.