First Business Executives Receive Stock for Performance Goals

The latest update is out from First Business Financial Services (FBIZ).

First Business Financial Services, Inc. has announced that executive officers have earned a payout of company stock after meeting performance goals for Total Shareholder Return and Return on Average Equity. The vesting of these performance-based restricted stock units, which were granted as part of the 2021 Long-Term Incentive Plan, reflects the company’s superior performance over the set period ending in 2023. The exact number of shares vested was detailed for each executive, with the exception of Brian D. Spielmann, who did not hold an executive position at the time of the grant.

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