undamentalytics Newsletter

First Business Financial Services, Inc. insider trading

Every open-market purchase and sale by First Business Financial Services, Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.

Insider purchase Insider sale Marker size reflects trade value. Weekly closes adjusted for splits; may be delayed.
First Business Financial Services, Inc. insider open-market trades
DateInsiderTrade SharesPriceValue 1M after 3M after 6M after

From insiders' Form 4 filings with the SEC: open-market purchases and sales only (awards, option exercises and shares withheld for tax are excluded), combined to one line per insider per day. "Plan" marks trades the filing says were made under a pre-set Rule 10b5-1 trading plan, which are scheduled in advance. Price changes run from the close on the trade date; hover a figure for the change relative to the S&P 500. Past moves don't predict future ones.

Does following First Business Financial Services, Inc.’s insiders pay?

From August 11, 2011 to August 28, 2026, 27 insiders reported 40 open-market purchases and 55 sales not made under a pre-set plan in First Business Financial Services, Inc. Twelve months after each purchase was reported, the shares were +11.7% against the S&P 500 on average (median +7.9%), over 40 purchases with a full year of prices; 65% beat the index. After sales, the shares moved −10.1% against the index over 12 months (a negative figure means selling was the right call). Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on August 12, 2011 into $101,981 by November 2, 2026, +16.5% a year. It held shares 90% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $87,040 (+15.3% a year), and held throughout $83,592 (+15.0%).

$0$50.0k$100k 20112013201520172019202120232025 $102k$87.0k$83.6k
Copying First Business Financial Services, Inc.'s insidersS&P 500, same days investedS&P 500, held throughout $10,000 copying every open-market purchase by First Business Financial Services, Inc.'s insiders from August 12, 2011, before costs and taxes, marked weekly. Uninvested money earns the Treasury bill rate; the portfolio held shares 90% of the time.
First Business Financial Services, Inc.: each insider's record
InsiderRolePurchases12 months after their purchasesBeat the S&P 500Sales12 months after their salesLatest report
Smith Jerome J Director 0 — — 11 −11.0% (11) September 6, 2017
Batson Charles H President and CEO of FBCC* 0 — — 10 −6.8% (10) May 10, 2018
Harris John J Director 7 +5.7% (7) 43% 0 — March 24, 2023
Kilcoyne Gerald L Director 6 +14.3% (6) 50% 0 — June 16, 2023
Chavarria Carla C Director 5 −1.2% (5) 60% 0 — May 9, 2023
Lorenz William Kent Director 0 — — 5 −0.5% (5) November 21, 2024
Losenegger Michael J Chief Credit Officer 0 — — 5 −18.7% (5) August 22, 2019
Ovokaitys Daniel Chief Information Officer 0 — — 5 −6.6% (5) February 10, 2025
Vetta David J Pr/CEO First Bus. Bank Milw. 1 +6.9% (1) 100% 4 −15.1% (4) February 2, 2017
Chandler Jodi A Chief Human Resources Officer 0 — — 4 −8.6% (3) August 28, 2026
Sanders Carol P Director 3 −7.1% (3) 33% 1 +6.1% (1) December 17, 2024
Bugher Mark D Director 3 −2.2% (3) 33% 0 — August 11, 2014
Conley Barbara Mccarty General Counsel 0 — — 3 −24.1% (3) December 14, 2022
Papritz David R. CFO and SVP Corp. Development 3 +12.9% (3) 100% 0 — November 24, 2014
Burke Joan A President of Bank Trust Div.* 0 — — 2 −17.5% (2) May 6, 2016
Eddy Jan A Director 2 +31.9% (2) 100% 0 — December 26, 2018
Kauten Ralph R. Director 2 +42.1% (2) 100% 0 — August 1, 2025
Meloy Mark J EVP 0 — — 2 −7.7% (2) August 14, 2024
Sloane Edward G Jr Chief Financial Officer 2 +14.7% (2) 50% 0 — August 7, 2020
Stephens Barbara H Director 2 +29.8% (2) 100% 0 — August 26, 2011
Berneking Pamela R. Pres. and CEO Alterra Bank 0 — — 1 −20.2% (1) December 7, 2015
Chambas Corey A CEO 0 — — 1 −5.8% (1) November 7, 2024
Graham Jason R Director 1 +33.4% (1) 100% 0 — August 1, 2025
Hartlieb James Edward Pres&CEO First Business Bank 0 — — 1 +3.6% (1) November 1, 2024
Olszewski Daniel P. Director 1 +3.4% (1) 100% 0 — February 4, 2019
Seiler David R. Chief Operating Officer 1 +52.7% (1) 100% 0 — July 30, 2020
Silseth John M Director 1 +2.9% (1) 100% 0 — February 10, 2015

Moves are the shares’ return including dividends minus the S&P 500’s, from the close on the first trading day after each report; the number of trades with a finished 12-month window is in brackets. Green means the trade went the insider’s way (a purchase ahead of the index, a sale followed by the shares trailing it). A trade reported both by a director or officer and by a fund or company they are linked to counts once here, under the person. Purchases count only where the share price actually traded was at least $5. These figures describe what the shares did, not why anyone traded. Insiders across all companies.

When several insiders traded First Business Financial Services, Inc.

Months when 2 or more insiders became net buyers, or 3 or more net sellers, of First Business Financial Services, Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 9 buying crowds with six months of prices, it averaged +0.5% against the index. After 5 selling crowds, −11.0%. One company's history is too short to judge by; the test across every company is the better guide.

MonthCrowd3 months on, vs S&P 5006 months12 months
August 29, 20252 buying−5.8%−0.3%+17.0%
August 30, 20243 selling+3.8%+6.8%+1.4%
May 31, 20232 buying+7.9%+21.1%+2.7%
July 31, 20202 buying+12.5%+19.0%+52.7%
January 31, 20202 buying−23.5%−42.2%−37.6%
December 31, 20182 buying−8.2%+6.3%+7.3%
March 29, 20183 selling+0.7%−18.6%−26.3%
February 28, 20174 selling−10.9%−20.1%−19.5%
November 30, 20163 buying+5.4%−5.8%−13.8%
May 31, 20163 selling−12.8%−16.4%−23.0%
November 30, 20155 selling−11.3%−6.6%−20.8%
February 27, 20152 buying−3.9%0.0%−1.1%

Colours show whether the crowd was right: green when buyers were followed by a rise above the index, or sellers by a fall below it. Latest 12 of 14. Total returns from the month end; past patterns are not a forecast.

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