Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 22, 2026 the Board of Directors (the “Board”) of First Business Financial Services, Inc. (the “Company”) increased the number of Directors constituting the entire Board from eight (8) to nine (9), and, in accordance with Section 3.10 of the Company’s Amended and Restated By-laws, appointed Mr. Scott M. Ferris as a Class III Director to fill the vacancy created by this increase. Mr. Ferris was also appointed to the Board’s Audit Committee and Operational Risk Committee. Mr. Ferris retired from BMO Financial Group in 2025, where he served as the Managing Director responsible for the commercial banking business within the Financial Institutions Group from November 2006 to January 2025. He joined BMO Harris Bank in 1985 and held various roles across commercial and corporate banking before assuming senior leadership positions within the Financial Institutions Group. Mr. Ferris brings deep expertise in credit, liquidity, market, and operational risk management, along with experience working with banking and market regulators. There was no arrangement or understanding between Mr. Ferris and any other persons pursuant to which Mr. Ferris was selected to serve as a Director of the Company. Also, Mr. Ferris has no relationships or related party transactions with the Company required to be disclosed pursuant to Item 404(a) of Regulation S-K. Other than being entitled to the compensation payable to non-employee Directors as disclosed in the Company’s proxy statement for its Annual Meeting of Shareholders on April 24, 2026, Mr. Ferris is not a party to any plans, contracts or arrangements providing for any grants, awards or other compensation payable to Mr. Ferris by the Company. The Board has determined that Mr. Ferris is an “independent director” for purposes of the applicable rules of the Nasdaq Stock Market and the Securities exchange Act of 1934, as amended.
FBIZ First Business Financial Services, Inc. - 8-K
Accession
0001193125-26-2451665.027.019.01
Item 5.02 - Departure/Election of Directors or Certain Officers
317 words
Item 7.01 - Regulation FD Disclosure
35 words · Exhibit 99.1 attached
Item 7.01 Regulation FD Disclosure. A copy of the Company’s press release, dated May 28, 2026, relating to the appointment of Mr. Ferris is furnished as Exhibit 99.1 hereto and is incorporated by reference herein.
Exhibit 99.1 · 317 words
EX-99.1 2 fbiz-ex99_1.htm EX-99.1 Press Release Contact: Brian D. Spielmann Chief Financial Officer First Business Financial Services, Inc. 608-232-5970 [email protected] Scott M. Ferris Appointed to First Business Financial Services, Inc. Board of Directors MADISON, WI – May 28, 2026 – First Business Financial Services, Inc. (the “Company”) (Nasdaq: FBIZ) is pleased to announce the appointment of Scott M. Ferris to its Board of Directors as of June 1, 2026. “We are very pleased to have Scott Ferris join the Company’s Board of Directors,” stated Dave Seiler, President and CEO. “His extensive experience in financial services, capital markets, and risk oversight will be invaluable as the Company continues to execute its long-term growth strategy.” Mr. Ferris stated, “I am honored to join the Board of Directors and look forward to supporting the Company’s continued growth and long-term success. The Company has an outstanding reputation, and I am excited to be part of what lies ahead.” Mr. Ferris retired from BMO Financial Group, where he served as the Managing Director leading the commercial banking business within the Financial Institutions Group from November 2006 to January 2025. He joined BMO in 1985 and held roles across commercial and corporate banking before advancing into senior leadership positions, including Managing Director and Head of BMO’s U.S. Financial Institutions Commercial Banking Group. Mr. Ferris brings deep expertise in credit, liquidity, market, and operational risk management, along with experience working with banking and market regulators. About First Business Bank First Business Bank specializes in Business Banking, including Commercial Banking and Specialty Finance, Private Wealth, and Bank Consulting Services, and through its refined focus delivers unmatched expertise, accessibility, and responsiveness. Specialty Finance solutions are delivered through First Business Bank’s wholly owned subsidiary First Business Specialty Finance, LLC. First Business Bank is a wholly owned subsidiary of First Business Financial Services, Inc. (Nasdaq: FBIZ ). For additional information, visit firstbusiness.bank . ### End of Release ###
Item 9.01 - Financial Statements and Exhibits
49 words
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 Press Release by First Business Financial Services, Inc. dated May 28, 2026. 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)