STOCK TITAN

CBIZ (NYSE: CBZ) president converts 3,053 RSUs, withholds 1,370 shares

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

CBIZ, Inc. executive Michael P. Kouzelos reported routine equity compensation activity. On February 8, 2026, 3,053 restricted stock units converted into an equal number of CBIZ common shares. On the same date, 1,370 shares were disposed of at $38.27 per share, typically for tax withholding, leaving him with 364,276 shares of common stock held directly.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kouzelos Michael P

(Last) (First) (Middle)
C/O CBIZ, INC.
5959 ROCKSIDE WOODS BLVD. N., SUITE 600

(Street)
INDEPENDENCE OH 44131

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CBIZ, Inc. [ CBZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Employee Services
3. Date of Earliest Transaction (Month/Day/Year)
02/08/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/08/2026 M 3,053 A (1) 365,646 D
Common Stock 02/08/2026 F 1,370 D $38.27 364,276 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/08/2026 M 3,053 (2) (2) Common Stock 3,053 (1) 0 D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. On February 8, 2023, the reporting person was granted 9,158 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
/s/ Jaileah X. Huddleston, attorney-in-fact for Michael P. Kouzelos 02/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CBIZ (CBZ) report for Michael P. Kouzelos?

CBIZ reported that executive Michael P. Kouzelos converted 3,053 restricted stock units into common stock and had 1,370 shares disposed of at $38.27 per share on February 8, 2026. After these transactions, he directly owned 364,276 CBIZ common shares.

How many CBIZ restricted stock units did Michael P. Kouzelos convert?

Michael P. Kouzelos converted 3,053 restricted stock units into 3,053 CBIZ common shares on February 8, 2026. The filing notes that restricted stock units convert into common stock on a one-for-one basis, reflecting equity compensation vesting into actual share ownership.

At what price were CBIZ shares disposed of in Michael P. Kouzelos’s Form 4?

The Form 4 shows 1,370 CBIZ common shares disposed of at a price of $38.27 per share on February 8, 2026. Such “F” coded transactions commonly represent shares withheld to cover tax obligations arising from equity award vesting or settlement.

How many CBIZ shares does Michael P. Kouzelos own after the reported transactions?

Following the February 8, 2026 transactions, Michael P. Kouzelos directly owned 364,276 CBIZ common shares. This figure reflects his holdings after 3,053 restricted stock units converted to stock and 1,370 shares were disposed of at $38.27 per share.

What is Michael P. Kouzelos’s role at CBIZ (CBZ) in this Form 4 filing?

In the Form 4, Michael P. Kouzelos is identified as an officer of CBIZ with the title “President, Employee Services.” This role explains why he receives restricted stock units and related equity compensation, which generate the insider transactions reported in the filing.

What earlier CBIZ equity grant is referenced in the Form 4 footnotes?

A footnote explains that on February 8, 2023, Michael P. Kouzelos was granted 9,158 restricted stock units. These units vest in three equal annual installments beginning on the first anniversary of the grant date, providing a schedule for when units convert into CBIZ common stock.
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