Form 4: First Business Financial Services Officer Disposes of Shares to Cover Tax Obligations
SEC Filing
Kevin D. Crampton, Chief Accounting Officer of First Business Financial Services, disposed of 59 shares of common stock on May 16, 2024, to cover tax obligations.
Summary
- On May 16, 2024, Kevin D. Crampton, the Chief Accounting Officer of First Business Financial Services, disposed of 59 shares of common stock.
- The transaction was executed to cover tax obligations.
- The shares were disposed of at a price of $34.5.
- Following the transaction, Crampton directly owns 1,103 shares of First Business Financial Services common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction for tax purposes, which doesn't inherently indicate positive or negative performance for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. This provides transparency to the market regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Kevin D. Crampton disposed of shares. |
| 05/20/2024 | Date of signature on the report. |
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