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Company Analysis

FBIZ Insider Trading

FIRST BUSINESS FINANCIAL SERVICES, INC. | State Commercial Banks

Comprehensive Trading Performance Summary

The investment history of corporate insiders at FIRST BUSINESS FINANCIAL SERVICES, INC. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the State Commercial Banks sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2025-11-11 00:45 2025-11-07 Crampton Kevin D Officer - Chief Accounting Officer BUY $51.40 71 $3,649 1,892 +3.9%
2025-08-01 23:21 2025-07-30 Kauten Ralph R. Director BUY $47.80 10,000 $478,000 29,756 +50.6%
2025-08-01 23:19 2025-07-30 Graham Jason R Director BUY $47.87 1,000 $47,865 3,220 +45.0%
2025-02-11 00:46 2025-02-07 Ovokaitys Daniel Officer - Chief Information Officer SELL $54.55 4,828 $263,367 7,718 -38.5%
2024-12-18 00:30 2024-12-13 Sanders Carol P Director SELL $48.83 8,881 $433,642 0 -100.0%
2024-11-22 01:02 2024-11-19 Lorenz William Kent Director SELL $49.00 1,000 $49,000 8,341 -10.7%
2024-11-08 01:23 2024-11-07 CHAMBAS COREY A Director, Officer - CEO SELL $48.81 40,000 $1,952,488 112,750 -26.2%
2024-11-02 00:45 2024-10-31 Hartlieb James Edward Officer - Pres&CEO First Business Bank SELL $43.15 6,344 $273,732 0 -100.0%
2024-11-01 00:14 2024-10-30 Sanders Carol P Director BUY $44.77 134 $5,999 11,136 +1.2%
2024-08-23 23:11 2024-08-23 Ovokaitys Daniel Officer - Chief Information Officer SELL $42.38 1,130 $47,889 12,546 -8.3%
2024-08-20 23:26 2024-08-19 Lorenz William Kent Director SELL $42.79 1,150 $49,208 9,341 -11.0%
2024-08-14 23:11 2024-08-12 MELOY MARK J Officer - EVP SELL $40.05 5,000 $200,267 53,605 -8.5%
2024-07-31 23:45 2024-07-30 Sanders Carol P Director BUY $45.85 129 $5,915 11,002 +1.2%
2024-05-23 23:32 2024-05-21 Crampton Kevin D Officer - Chief Accounting Officer BUY $34.15 154 $5,260 1,257 +14.0%
2024-05-14 23:37 2024-05-10 Lorenz William Kent Director SELL $34.54 1,425 $49,216 9,836 -12.7%
2024-05-03 23:13 2024-05-01 Sanders Carol P Director BUY $34.40 175 $6,019 10,218 +1.7%
2024-02-01 00:49 2024-01-30 Sanders Carol P Director BUY $38.37 156 $5,986 10,043 +1.6%
2023-11-08 00:29 2023-10-31 Sanders Carol P Director BUY $31.08 193 $5,998 9,887 +2.0%
2023-09-01 00:18 2023-08-29 Chandler Jodi A Officer - Chief Human Resources Officer SELL $31.75 8,200 $260,362 17,854 -31.5%
2023-08-01 23:45 2023-08-01 Sanders Carol P Director BUY $33.90 177 $6,001 9,694 +1.9%
2023-06-16 23:35 2023-06-15 Kilcoyne Gerald L Director BUY $30.55 6,000 $183,308 64,706 +10.2%
2023-05-10 00:26 2023-05-05 CHAVARRIA CARLA C Director BUY $26.00 1,000 $26,004 5,631 +21.6%
2023-03-24 23:22 2023-03-23 Harris John J Director BUY $30.73 1,000 $30,727 12,440 +8.7%
2022-12-15 00:49 2022-12-12 Conley Barbara McCarty Officer - General Counsel SELL $37.50 3,005 $112,688 27,002 -10.0%
2022-08-05 23:06 2022-08-04 Kilcoyne Gerald L Director BUY $32.99 5,000 $164,974 57,501 +9.5%
2022-08-05 23:06 2022-08-04 Olszewski Daniel P. Director BUY $33.00 181 $5,973 23,886 +0.8%
2022-08-05 23:05 2022-08-04 Sanders Carol P Director BUY $33.00 181 $5,973 7,765 +2.4%
2022-05-06 23:17 2022-05-05 Olszewski Daniel P. Director BUY $34.85 171 $5,960 23,415 +0.7%
2022-05-06 23:19 2022-05-05 Sanders Carol P Director BUY $34.85 171 $5,960 7,294 +2.4%
2022-04-29 00:32 2022-04-14 CHAVARRIA CARLA C Director BUY $33.27 755 $25,115 3,966 +23.5%
2022-03-10 00:32 2022-03-09 Olszewski Daniel P. Director BUY $31.85 190 $6,052 23,244 +0.8%
2022-03-10 00:37 2022-03-09 Sanders Carol P Director BUY $31.85 190 $6,052 7,123 +2.7%
2021-11-03 23:07 2021-11-02 Olszewski Daniel P. Director BUY $30.12 260 $7,830 23,054 +1.1%
2021-11-03 23:11 2021-11-02 Sanders Carol P Director BUY $30.12 260 $7,830 6,933 +3.9%
2021-08-04 23:14 2021-08-03 Olszewski Daniel P. Director BUY $27.35 219 $5,990 22,794 +1.0%
2021-08-04 23:17 2021-08-03 Sanders Carol P Director BUY $27.35 219 $5,990 6,673 +3.4%
2021-06-21 23:15 2021-06-21 CHAVARRIA CARLA C Director BUY $26.65 1,313 $34,989 3,211 +69.2%
2021-05-05 23:27 2021-05-04 Olszewski Daniel P. Director BUY $27.25 220 $5,995 22,190 +1.0%
2021-05-05 23:24 2021-05-04 Sanders Carol P Director BUY $27.25 250 $6,813 6,069 +4.3%
2021-02-04 00:24 2021-02-02 Olszewski Daniel P. Director BUY $20.14 300 $6,043 21,970 +1.4%
2021-02-04 00:25 2021-02-02 Sanders Carol P Director BUY $20.14 315 $6,345 5,819 +5.7%
2020-11-17 00:32 2020-11-13 Sanders Carol P Director BUY $18.90 1,375 $25,984 5,504 +33.3%
2020-10-29 00:06 2020-10-27 Olszewski Daniel P. Director BUY $16.90 356 $6,016 21,670 +1.7%
2020-10-29 00:05 2020-10-27 Sanders Carol P Director BUY $16.90 356 $6,016 4,129 +9.4%
2020-08-07 23:15 2020-08-06 Sloane Edward G JR Officer - Chief Financial Officer BUY $16.01 3,122 $49,974 13,897 +29.0%
2020-08-05 23:12 2020-08-04 Kauten Ralph R. Director BUY $14.80 3,300 $48,840 16,601 +24.8%
2020-07-31 01:46 2020-07-29 Seiler David R. Officer - Chief Operating Officer BUY $14.67 4,000 $58,680 15,300 +35.4%
2020-07-29 23:50 2020-07-28 Olszewski Daniel P. Director BUY $14.75 413 $6,092 21,314 +2.0%
2020-07-29 23:42 2020-07-28 Kilcoyne Gerald L Director BUY $14.75 6,800 $100,300 51,826 +15.1%
2020-07-29 23:35 2020-07-28 Sanders Carol P Director BUY $14.75 413 $6,092 3,773 +12.3%
SHOW ENTRIES

How to Interpret $FBIZ Trades

Not every insider transaction in FIRST BUSINESS FINANCIAL SERVICES, INC. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $FBIZ shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for FBIZ

Insider activity data for FIRST BUSINESS FINANCIAL SERVICES, INC. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $FBIZ, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.