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First Business Financial Services, Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and First Business Financial Services, Inc.’s Form 8-K, filed April 29, 2026 (Item 5.07 on EDGAR). Page generated October 14, 2026.

  • 6Reported items
  • 187Asset managers
  • 1,228Fund votes
  • April 24, 2026Meeting date

Results at a glance

Meeting of April 24, 2026: 3 items on First Business Financial Services, Inc.’s Form 8-K, filed April 29, 2026: 3 elected.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore First Business Financial Services, Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by First Business Financial Services, Inc.

These tallies are First Business Financial Services, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed April 29, 2026 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

First Business Financial Services, Inc. — official shareholder meeting results, meeting held April 24, 2026
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Carla C. Chavarria 5,529,154---- 280,292818,648 95%Elected—
Elect Director: Jerry L. Kilcoyne 5,689,188---- 120,258818,648 98%Elected—
Elect Director: Daniel P. Olszewski 5,696,854---- 112,592818,648 98%Elected—

Source: First Business Financial Services, Inc., Form 8-K, filed with the SEC on April 29, 2026 — read the filing on EDGAR.

How asset managers voted at the First Business Financial Services, Inc. 2025-2026 meeting

Each item below shows how the 187 asset managers that disclosed a First Business Financial Services, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of First Business Financial Services, Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Director: Carla C. Chavarria

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 2 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 5,529,154WITHHELD: 280,292
Details: description as filed, official tally, votes by 62 asset managers

Description as filed by funds: Election of three Class I Directors: Carla C. Chavarria

First Business Financial Services, Inc.’s own tally for this item (“Elect Director: Carla C. Chavarria”): 5,529,154 for, 280,292 withheld, per its Form 8-K filed April 29, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “At the Annual Meeting, the Company's shareholders voted as follows: (1) Election of the below-named nominees to the Board: The nominees listed above were elected by a plurality to serve on the Board.”
Support: 95% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 62 asset managers below reported 2,083,863 for, 34,325 withheld, 1,800 abstained.

FOR
FOR: 2,083,863ABSTAIN: 1,800WITHHOLD: 34,325
Largest asset managers voting on “Election of three Class I Directors: Carla C. Chavarria” at First Business Financial Services, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock452,4150 00For
Vanguard423,5130 0348For
John Hancock228,9130 00For
Fidelity217,4400 00For
American Century216,8440 00For
Dimensional164,2050 00For
Federated Hermes68,7620 00For
EA Series Trust40,0110 00For
BRIDGEWAY FUNDS INC35,4000 00For
Charles Schwab24,6590 00For
TIAA18,5990 00For
Northern Trust18,3500 00For
Equitable17,4360 00For
SEI00 1,80012,173Mixed
MASTER INVESTMENT PORTFOLIO13,4730 00For
QUANTITATIVE MASTER SERIES LLC13,1380 00For
Goldman Sachs12,4850 00For
Principal Exchange-Traded Funds12,3570 00For
WisdomTree12,3500 00For
FRANKLIN VALUE INVESTORS TRUST00 012,246Withhold
Lincoln Financial12,0210 00For
ALPS ETF Trust9,3000 00For
Columbia Threadneedle8,7420 00For
Invesco7,6780 00For
Pacific Life6,9720 00For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

2. Elect Director: Daniel P. Olszewski

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 5,696,854WITHHELD: 112,592
Details: description as filed, official tally, votes by 62 asset managers

Description as filed by funds: Election of three Class I Directors: Daniel P. Olszewski

First Business Financial Services, Inc.’s own tally for this item (“Elect Director: Daniel P. Olszewski”): 5,696,854 for, 112,592 withheld, per its Form 8-K filed April 29, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “At the Annual Meeting, the Company's shareholders voted as follows: (1) Election of the below-named nominees to the Board: The nominees listed above were elected by a plurality to serve on the Board.”
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 62 asset managers below reported 2,115,749 for, 4,239 withheld.

FOR
FOR: 2,115,749WITHHOLD: 4,239
Largest asset managers voting on “Election of three Class I Directors: Daniel P. Olszewski” at First Business Financial Services, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock452,4150 00For
Vanguard423,8610 00For
John Hancock228,9130 00For
Fidelity217,4400 00For
American Century216,8440 00For
Dimensional164,2050 00For
Federated Hermes68,7620 00For
EA Series Trust40,0110 00For
BRIDGEWAY FUNDS INC35,4000 00For
Charles Schwab24,6590 00For
TIAA18,5990 00For
Northern Trust18,3500 00For
Equitable17,4360 00For
SEI13,9730 00For
MASTER INVESTMENT PORTFOLIO13,4730 00For
QUANTITATIVE MASTER SERIES LLC13,1380 00For
Goldman Sachs12,4850 00For
Principal Exchange-Traded Funds12,3570 00For
WisdomTree12,3500 00For
FRANKLIN VALUE INVESTORS TRUST12,2460 00For
Lincoln Financial12,0210 00For
ALPS ETF Trust9,3000 00For
Columbia Threadneedle8,7420 00For
Invesco7,6780 00For
Pacific Life6,9720 00For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

3. Elect Director: Jerry L. Kilcoyne

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 5,689,188WITHHELD: 120,258
Details: description as filed, official tally, votes by 62 asset managers

Description as filed by funds: Election of three Class I Directors: Jerry L. Kilcoyne

First Business Financial Services, Inc.’s own tally for this item (“Elect Director: Jerry L. Kilcoyne”): 5,689,188 for, 120,258 withheld, per its Form 8-K filed April 29, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “At the Annual Meeting, the Company's shareholders voted as follows: (1) Election of the below-named nominees to the Board: The nominees listed above were elected by a plurality to serve on the Board.”
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 62 asset managers below reported 2,114,803 for, 5,185 withheld.

FOR
FOR: 2,114,803WITHHOLD: 5,185
Largest asset managers voting on “Election of three Class I Directors: Jerry L. Kilcoyne” at First Business Financial Services, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock452,4150 00For
Vanguard423,5130 0348For
John Hancock228,9130 00For
Fidelity217,4400 00For
American Century216,8440 00For
Dimensional164,2050 00For
Federated Hermes68,7620 00For
EA Series Trust40,0110 00For
BRIDGEWAY FUNDS INC35,4000 00For
Charles Schwab24,6590 00For
TIAA18,5990 00For
Northern Trust18,3500 00For
Equitable17,4360 00For
SEI13,9730 00For
MASTER INVESTMENT PORTFOLIO13,4730 00For
QUANTITATIVE MASTER SERIES LLC13,1380 00For
Goldman Sachs12,4850 00For
Principal Exchange-Traded Funds12,3570 00For
WisdomTree12,3500 00For
FRANKLIN VALUE INVESTORS TRUST12,2460 00For
Lincoln Financial12,0210 00For
ALPS ETF Trust9,3000 00For
Columbia Threadneedle8,7420 00For
Invesco7,6780 00For
Pacific Life6,9720 00For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

4. TO ACT UPON A PROPOSAL TO APPROVE THE FIRST BUSINESS FINANCIAL SERVICES, INC. 2026 EQUITY INCENTIVE PLAN.

No official matchCOMPENSATION

Combines 2 wordings of this item as funds reported it.

99.6% of fund votes cast · no official result

FOR
Details: votes by 64 asset managers

The 64 asset managers below reported 2,114,898 for, 6,390 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,114,898AGAINST: 6,390
Largest asset managers voting on “TO ACT UPON A PROPOSAL TO APPROVE THE FIRST BUSINESS FINANCIAL SERVICES, INC. 2026 EQUITY INCENTIVE PLAN.” at First Business Financial Services, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock452,4150 00For
Vanguard423,8610 00For
John Hancock228,9130 00For
Fidelity217,4400 00For
American Century216,8440 00For
Dimensional164,2050 00For
Federated Hermes68,7620 00For
EA Series Trust40,0110 00For
BRIDGEWAY FUNDS INC35,4000 00For
Charles Schwab24,6590 00For
TIAA18,5990 00For
Northern Trust18,3500 00For
Equitable17,4360 00For
SEI13,583390 00For
MASTER INVESTMENT PORTFOLIO13,4730 00For
QUANTITATIVE MASTER SERIES LLC13,1380 00For
Goldman Sachs12,4850 00For
Principal Exchange-Traded Funds12,3570 00For
WisdomTree12,3500 00For
FRANKLIN VALUE INVESTORS TRUST12,2460 00For
Lincoln Financial12,0210 00For
ALPS ETF Trust9,3000 00For
Columbia Threadneedle8,7420 00For
Invesco7,6780 00For
Pacific Life6,9720 00For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

5. To approve, in a non-binding shareholder advisory vote, the compensation of the Company's named executive officers.

No official matchFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

Combines 4 wordings of this item as funds reported it.

99.7% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 187 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 64 asset managers voting on “To approve, in a non-binding shareholder advisory vote, the compensation of the Company's named executive offi” at First Business Financial Services, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock452,4150 00For
Vanguard423,8610 00For
John Hancock228,9130 00For
Fidelity217,4400 00For
American Century216,8440 00For
Dimensional164,2050 00For
Federated Hermes68,7620 00For
RBB FUND, INC.00 55,0390Abstain
EA Series Trust40,0110 00For
BRIDGEWAY FUNDS INC35,4000 00For
Charles Schwab24,6590 00For
TIAA18,5990 00For
Northern Trust18,3500 00For
Equitable17,4360 00For
SEI13,9730 00For
MASTER INVESTMENT PORTFOLIO13,4730 00For
QUANTITATIVE MASTER SERIES LLC13,1380 00For
Goldman Sachs12,4850 00For
Principal Exchange-Traded Funds12,3570 00For
WisdomTree12,3500 00For
FRANKLIN VALUE INVESTORS TRUST12,2460 00For
Lincoln Financial12,0210 00For
ALPS ETF Trust9,3000 00For
Columbia Threadneedle8,7420 00For
Invesco7,6780 00For

Fund voting reports, all 64 managers: 2,116,849 for, 645 against, 58,633 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 142 asset managers voting on “To approve, in a non-binding shareholder advisory vote, the compensation of the Company's named executive offi” at First Business Financial Services, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock349,8560 00For
John Hancock245,4880 00For
GEODE CAPITAL MANAGEMENT, LLC239,6830 00For
FIRST BUSINESS FINANCIAL SERVICES, INC.229,2611,000 5,0000For
American Century229,9270 00For
Renaissance120,1400 00For
LSV ASSET MANAGEMENT115,6250 00For
Federated Hermes106,4230 00For
De Lisle Partners LLP93,9120 00For
Hillsdale Investment Management Inc.82,8710 00For
AQR74,5320 00For
AllianceBernstein67,7840 00For
Vanguard58,4010 00For
Northern Trust54,4410 00For
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM51,0120 00For
Dimensional49,4770 00For
Goldman Sachs37,0480 00For
BRIDGEWAY CAPITAL MANAGEMENT, LLC35,4000 00For
Pacific Ridge Capital Partners, LLC00 32,4570Abstain
ACADIAN ASSET MANAGEMENT LLC32,4110 00For
AMERIPRISE FINANCIAL INC31,5570 00For
RBC Capital Markets, LLC30,9690 00For
MELLON INVESTMENTS Corp25,4900 00For
KENNEDY CAPITAL MANAGEMENT LLC25,2770 00For
Charles Schwab24,6730 00For

Institutional-manager reports, all 142 managers: 2,734,716 for, 9,309 against, 37,457 abstained, 142 not voted. Showing the 25 largest; see all in the interactive database.

6. TO RATIFY THE APPOINTMENT OF CROWE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL…

No official matchAUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: description as filed, votes by 63 asset managers

Description as filed by funds: TO RATIFY THE APPOINTMENT OF CROWE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026.

The 63 asset managers below reported 2,117,104 for, 390 against, 3,594 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,117,104AGAINST: 390ABSTAIN: 3,594
Largest asset managers voting on “TO RATIFY THE APPOINTMENT OF CROWE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE ” at First Business Financial Services, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock452,4150 00For
Vanguard423,8610 00For
John Hancock228,9130 00For
Fidelity217,4400 00For
American Century216,8440 00For
Dimensional164,2050 00For
Federated Hermes68,7620 00For
EA Series Trust40,0110 00For
BRIDGEWAY FUNDS INC35,4000 00For
Charles Schwab24,6590 00For
TIAA18,5990 00For
Northern Trust18,3500 00For
Equitable17,4360 00For
SEI13,583390 00For
MASTER INVESTMENT PORTFOLIO13,4730 00For
QUANTITATIVE MASTER SERIES LLC13,1380 00For
Goldman Sachs12,4850 00For
Principal Exchange-Traded Funds12,3570 00For
WisdomTree12,3500 00For
FRANKLIN VALUE INVESTORS TRUST12,2460 00For
Lincoln Financial12,0210 00For
ALPS ETF Trust9,3000 00For
Columbia Threadneedle8,7420 00For
Invesco7,6780 00For
Pacific Life6,9720 00For

Showing the 25 largest of 63 asset managers. See all 63 in the interactive database.

Largest First Business Financial Services, Inc. shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 8,362,166 shares outstanding at the time of that meeting.

Fund voting reports: top First Business Financial Services, Inc. shareholders by shares voted on “To approve, in a non-binding shareholder advisory vote, the compensation of the Company's named…”, 2025-2026
#Asset manager % of shares outstanding
1BlackRock 5.41%
2Vanguard 5.07%
3John Hancock 2.74%
4Fidelity 2.60%
5American Century 2.59%
6Dimensional 1.96%
7Federated Hermes 0.82%
8RBB FUND, INC. 0.66%
9EA Series Trust 0.48%
10BRIDGEWAY FUNDS INC 0.42%
Institutional-manager reports: top First Business Financial Services, Inc. shareholders by shares voted on “To approve, in a non-binding shareholder advisory vote, the compensation of the Company's named…”, 2025-2026
#Asset manager % of shares outstanding
1BlackRock 4.18%
2John Hancock 2.94%
3GEODE CAPITAL MANAGEMENT, LLC 2.87%
4FIRST BUSINESS FINANCIAL SERVICES, INC. 2.81%
5American Century 2.75%
6Renaissance 1.44%
7LSV ASSET MANAGEMENT 1.38%
8Federated Hermes 1.27%
9De Lisle Partners LLP 1.12%
10Hillsdale Investment Management Inc. 0.99%

Reported First Business Financial Services, Inc. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

First Business Financial Services, Inc. holdings and ownership disclosed for the 2025-2026 proxy season
Holder % outstanding Disclosure
BlackRock 10.41% 13F
Dimensional Fund Advisors 5.98% 13F
Vanguard Group 5.75% 13F
Geode Capital 2.39% 13F
State Street 2.08% 13F
Corey A. Chambas 1.57% DEF14A
Renaissance Technologies 1.46% 13F
AQR Capital 1.13% 13F
Northern Trust 0.95% 13F
Jerry L. Kilcoyne 0.79% DEF14A

Percentages above are of 8,362,166 shares outstanding, as reported by First Business Financial Services, Inc. on its Form 10-Q dated April 20, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from First Business Financial Services, Inc.’s 10-Q dated April 20, 2026. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At First Business Financial Services, Inc.'s shareholder meeting held April 24, 2026, in the 2025-2026 proxy season, 187 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,228 separate fund positions. Their filings are grouped here into 6 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. First Business Financial Services, Inc.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — To approve, in a non-binding shareholder advisory vote, the compensation of the Company's named… — the reporting funds and managers cast 99.7% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

First Business Financial Services, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Download data (CSV): ballot items · votes by manager · column guide.