CBIZ CEO Jerome P. Grisko disposes of shares in merger
The merger agreement provided $55.00 in cash, without interest, for each outstanding common share.
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Form Type
4
Rhea-AI Filing Summary
CBIZ, Inc. CEO & President Jerome P. Grisko reported that common stock was disposed of to the issuer on November 2, 2026: 383,179 shares by trust, 177,914 by 2025 SLAT, 345,675 by SLAT, 127,652 directly, and 62,920 by spousal trust. Each reported position showed zero shares following the transaction. Under the merger agreement, each outstanding common share was canceled and converted into a right to receive $55.00 in cash per share, without interest.
Insider Trade Summary
Disposition: 1,097,340.3372 shares
Disposition
5 txns
Insider
GRISKO JEROME P
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2, F3 | 383,179 | -- | -- |
| Disposition | Common Stock F1, F2, F3 | 177,914 | -- | -- |
| Disposition | Common Stock F1, F2, F3 | 345,675 | -- | -- |
| Disposition | Common Stock F1, F2, F3 | 127,652.3372 | -- | -- |
| Disposition | Common Stock F1, F2, F3 | 62,920 | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By trust);
Common Stock — 0 shares (Indirect, By 2025 SLAT);
Common Stock — 0 shares (Indirect, By SLAT);
Common Stock — 0 shares (Direct);
Common Stock — 0 shares (Indirect, By spousal trust)
Footnotes (3)
- 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.
- F2. Pursuant to the Merger Agreement, at the effective time of the merger (the "Effective Time"), each outstanding share of common stock, par value $0.01 per share, of the Issuer was canceled and converted into the right to receive $55.00 in cash per share, without interest ("Merger Consideration").
- F3. At the Effective Time, each unvested RSU held by the reporting person was canceled and converted into a replacement cash-settled RSU award representing the right to receive $55.00 in cash for each underlying share, subject to the same vesting schedule and substantially the same terms and conditions applicable to the corresponding RSU immediately prior to the Effective Time.
Key Figures
Shares disposed by trust: 383,179 shares
Shares disposed by 2025 SLAT: 177,914 shares
Shares disposed by SLAT: 345,675 shares
+4 more
7 metrics
Shares disposed by trust
383,179 shares
Reported November 2, 2026
Shares disposed by 2025 SLAT
177,914 shares
Reported November 2, 2026
Shares disposed by SLAT
345,675 shares
Reported November 2, 2026
Shares disposed directly
127,652 shares
Reported November 2, 2026
Shares disposed by spousal trust
62,920 shares
Reported November 2, 2026
Merger consideration per share
$55.00 in cash per share, without interest
For each outstanding common share
Shares following reported transactions
0 shares
Each of the five reported transaction rows
Key Terms
Agreement and Plan of Merger, Effective Time, Merger Consideration, replacement cash-settled RSU award
4 terms
Agreement and Plan of Merger regulatory
"the terms of the Agreement and Plan of Merger"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Effective Time regulatory
"at the effective time of the merger (the "Effective Time")"
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.
Merger Consideration financial
"without interest ("Merger Consideration")"
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
replacement cash-settled RSU award financial
"converted into a replacement cash-settled RSU award"
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