FBIZ Chief Credit Officer (FBIZ) logs stock award and tax share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST BUSINESS FINANCIAL SERVICES, INC. Chief Credit Officer Bradley A. Quade reported routine equity compensation activity. He acquired 735 shares of common stock as a grant or award, and 420 shares were disposed of to cover tax obligations at a price of $58.36 per share, leaving him with 14,938 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Quade Bradley A
Role
Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 735 | $0.00 | -- |
| Tax Withholding | Common Stock | 420 | $58.36 | $25K |
Holdings After Transaction:
Common Stock — 15,358 shares (Direct)
Footnotes (1)
FAQ
What insider transactions did FBIZ executive Bradley Quade report?
Bradley A. Quade reported a stock award of 735 FBIZ common shares and a related tax-withholding disposition of 420 shares. These transactions reflect routine equity compensation activity rather than open-market buying or selling of FIRST BUSINESS FINANCIAL SERVICES, INC. stock.
What role does Bradley Quade hold at FIRST BUSINESS FINANCIAL SERVICES (FBIZ)?
Bradley A. Quade serves as Chief Credit Officer at FIRST BUSINESS FINANCIAL SERVICES, INC. His Form 4 filing reflects changes in his direct ownership of common stock from equity compensation, including a share grant and shares withheld to satisfy tax obligations.
Were Bradley Quade’s FBIZ transactions classified as buys or sells?
The Form 4 classifies the 735-share transaction as an acquisition through a grant or award, not a market buy. The 420-share transaction is a tax-withholding disposition, not a traditional open-market sale of FIRST BUSINESS FINANCIAL SERVICES, INC. shares.