CBIZ merger cancels director Young’s 15,361 shares

The merger terms set $55.00 cash per common share and a separate cash formula for the director's options.

Available on EDGAR 11/02/2026 - 04:54 PM EST Accepted by SEC EDGAR 11/02/2026 - 04:53 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

CBIZ, Inc. director Rodney A. Young reported the disposition of 15,361 common shares and 50,000 stock options on November 2, 2026, under the merger terms. Each common share was canceled and converted into the right to receive $55.00 in cash per share, without interest. The options were canceled and converted into a cash payment equal to the excess, if any, of $55.00 over the applicable exercise price, multiplied by the shares subject to each option; the reported exercise price was $48.40. The transaction rows report zero remaining shares and zero remaining options.

Insider Trade Summary

Disposition: 65,361 shares

Disposition 2 txns

Insider YOUNG RODNEY A

Role Director

Type	Security	Shares	Price	Value
Disposition	Stock Option F3	50,000	--	--
Disposition	Common Stock F1, F2	15,361	--	--

Holdings After Transaction: Stock Option — 0 contracts (Direct); Common Stock — 0 shares (Direct)

Footnotes (3)

1. F1. Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 28, 2026, by and among the Issuer, Viking ParentCo, Inc., ("Parent"), and Viking MergerCo, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation and an indirect wholly owned subsidiary of Parent.
2. F2. Pursuant to the Merger Agreement, at the effective time of the merger, each outstanding share of common stock, par value $0.01 per share, of the Issuer ("Common Stock") was canceled and converted into the right to receive $55.00 in cash per share, without interest.
3. F3. At the Effective Time, each outstanding option to purchase shares of Common Stock (an "Option") that was outstanding immediately prior to the Effective Time was canceled and converted into the right to receive a cash payment equal to the product of (i) the excess, if any, of $55.00 over the applicable exercise price per share of such Option and (ii) the number of shares subject to such Option. Each Option is currently exercisable.

Key Figures

Common shares disposed: 15,361 shares Merger cash amount: $55.00 per share Stock options disposed: 50,000 options +3 more

6 metrics

Common shares disposed 15,361 shares Merger transaction dated November 2, 2026

Merger cash amount $55.00 per share Common shares converted into a right to receive cash, without interest

Stock options disposed 50,000 options Canceled and converted into a cash payment under the merger terms

Option exercise price $48.40 per share Applicable exercise price reported for the options

Common shares after transaction 0 shares Reported following the November 2, 2026 transaction

Stock options after transaction 0 options Reported following the November 2, 2026 transaction

Key Terms

Merger Agreement, Effective Time, indirect wholly owned subsidiary, exercise price

4 terms

Merger Agreement technical

"Agreement and Plan of Merger (the Merger Agreement)"

A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.

Effective Time technical

"At the Effective Time, each outstanding option"

The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.

indirect wholly owned subsidiary technical

"an indirect wholly owned subsidiary of Parent"

exercise price financial

"over the applicable exercise price per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CBZ common shares did Rodney A. Young dispose of?

Rodney A. Young, a director, reported the disposition of 15,361 common shares on November 2, 2026; the merger converted each share into the right to receive $55.00 in cash, without interest.

What happened to Rodney A. Young's CBZ stock options in the merger?

The 50,000 options were canceled and converted into a cash payment equal to the excess, if any, of $55.00 over the applicable exercise price, multiplied by the shares subject to each option; the reported exercise price was $48.40.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

YOUNG RODNEY A

(Last) (First) (Middle)

500 WASHINGTON AVE., S

SUITE 2060

(Street)

MINNEAPOLIS MINNESOTA 55415

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CBIZ, Inc. [ CBZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	11/02/2026		D(1)(2)		15,361	D	(1)(2)	0	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
Stock Option	$48.4	11/02/2026		D			50,000	02/08/2023(3)	02/08/2029	Common Stock	50,000	(3)	0	D

Explanation of Responses:

1. Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 28, 2026, by and among the Issuer, Viking ParentCo, Inc., ("Parent"), and Viking MergerCo, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation and an indirect wholly owned subsidiary of Parent.

2. Pursuant to the Merger Agreement, at the effective time of the merger, each outstanding share of common stock, par value $0.01 per share, of the Issuer ("Common Stock") was canceled and converted into the right to receive $55.00 in cash per share, without interest.

3. At the Effective Time, each outstanding option to purchase shares of Common Stock (an "Option") that was outstanding immediately prior to the Effective Time was canceled and converted into the right to receive a cash payment equal to the product of (i) the excess, if any, of $55.00 over the applicable exercise price per share of such Option and (ii) the number of shares subject to such Option. Each Option is currently exercisable.

	/s/ Jaileah X. Huddleston, Attorney-in-Fact for Rodney A. Young	11/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)