CBIZ (CBZ) officer uses 1,116 shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CBIZ, Inc. officer Michael P. Kouzelos reported a small share disposition related to equity compensation. On February 9, 2026, 1,116 shares of common stock were withheld at $34.29 per share to cover taxes upon vesting of previously granted restricted stock units. After this tax-withholding disposition, he directly beneficially owned 363,160 shares of CBIZ common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kouzelos Michael P
Role
President, Employee Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,116 | $34.29 | $38K |
Holdings After Transaction:
Common Stock — 363,160 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CBIZ (CBZ) report for Michael P. Kouzelos?
CBIZ reported that officer Michael P. Kouzelos had 1,116 common shares withheld on February 9, 2026. The shares were used to satisfy tax obligations from vesting restricted stock units, rather than an open-market sale, under a Form 4 insider transaction code F.
Was the CBIZ (CBZ) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were automatically withheld to pay taxes due when previously granted restricted stock units vested, a common administrative step for equity compensation plans.
What is transaction code F on the CBIZ (CBZ) Form 4 for Michael P. Kouzelos?
Transaction code F indicates payment of a tax liability or exercise price by delivering or withholding securities. In this case, 1,116 CBIZ shares were withheld to satisfy taxes due upon vesting of previously reported restricted stock units granted in February 2024.