MarketPeel
Insider Trading Intelligence
JG

Jason R. Graham

FBIZ
DIRECTOR · FIRST BUSINESS FINANCIAL SERVICES, INC. · CIK 0001550649
FILING MIX · LIFETIME100%/0%
BUYS
3
SELLS
0
TOTAL VALUE
$47.9K
COMPANIES
1
ACTIVE SINCE
May 2025
HOLDINGS NOW
3,930
AVG SELL PX
TRADE KIND
SHOWING 3 / 3
Trades · vs SPY
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Performance · forward returns vs SPY
1 backtested trades · 8 horizons · 2 pendingHow are these numbers computed? →
Forward-return performance of every backtestable P/S trade by Jason R. Graham, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.
HORIZONTRADESWIN RATEINSIDER RETURNSPY RETURNMEAN EXCESSMEDIAN EXCESST-STAT
7d1+0.00%-1.66%-0.27%-1.39%-1.39%
14d1+100.00%+4.93%+1.64%+3.29%+3.29%
30d1+100.00%+9.73%+1.67%+8.06%+8.06%
60d1+100.00%+6.98%+4.61%+2.38%+2.38%
90d1+100.00%+5.05%+8.29%-3.24%-3.24%
180d1+100.00%+18.71%+9.18%+9.52%+9.52%
1y1(1 pending)
2y1(1 pending)
How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.
Holdings over time
FBIZ · 3,930 shares · as of May 16, 2026
09831,9652,9483,9302026SHARES HELD
Trading cadence · quarterly flow
BUY SELL
2025
2025
2025
2026
2026
FLOW · 3 buys / 0 sellsCOVERAGE · 5 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
FBIZ
FIRST BUSINESS FINANCIAL SERVICES, INC.
PURCHASEGRANT
Stock grant
7103,930May 16, 2026May 19, 2026View →
FBIZ
FIRST BUSINESS FINANCIAL SERVICES, INC.
PURCHASE
1,000$47.87$47.9K3,220Jul 30, 2025Aug 1, 2025View →
FBIZ
FIRST BUSINESS FINANCIAL SERVICES, INC.
PURCHASEGRANT
Stock grant
6202,220May 16, 2025May 20, 2025View →
Other insiders · FBIZ
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About this filer
CIK 0001550649
ROLE
Director
PRIMARY
FBIZ
COMPANIES
1
ACTIVE SINCE
May 2025
MARKETPEEL · /INSIDER/0001550649DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
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