Director Kathy A. Raffa (CBZ) receives 6,051-share restricted stock grant

Rhea-AI Filing Summary

CBIZ, Inc. director Kathy A. Raffa reported an equity compensation grant of 6,051 shares of Common Stock on May 15, 2026. The shares were awarded at no cash cost as a grant/award acquisition, bringing her direct holdings to 8,412 shares after the transaction.

According to the footnote, this is an annual non-employee director compensation grant in the form of restricted stock, which vests in two stages: 50% in each of the two years following the award date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Raffa Kathy A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,051	$0.00	--

Holdings After Transaction: Common Stock — 8,412 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 6,051 shares Price per share: $0.00 per share Shares after transaction: 8,412 shares +1 more

4 metrics

Shares granted 6,051 shares Restricted stock grant on May 15, 2026

Price per share $0.00 per share Equity compensation award, not market purchase

Shares after transaction 8,412 shares Director’s direct holdings following grant

Vesting schedule 50% each year over 2 years Restricted stock vesting following award date

Key Terms

Restricted Stock, non-employee Director, grant/award acquisition, Form 4

4 terms

Restricted Stock financial

"Restricted Stock vesting 50% in each of the two years following date of award."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

non-employee Director financial

"Annual non-employee Director compensation grant awarded."

grant/award acquisition financial

"transaction_action: grant/award acquisition"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

Raffa Kathy A

(Last) (First) (Middle)

C/O CBIZ, INC.

5959 ROCKSIDE WOODS BLVD. N., SUITE 600

(Street)

INDEPENDENCE OHIO 44131

(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)
05/15/2026

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(1)	05/15/2026		A		6,051	A	$0	8,412	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

Explanation of Responses:

1. Restricted Stock vesting 50% in each of the two years following date of award. Annual non-employee Director compensation grant awarded.

	/s/ Jaileah X. Huddleston, Attorney-in-Fact for Kathy A. Raffa	05/19/2026
	** 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)

FAQ

What insider transaction did CBIZ (CBZ) director Kathy A. Raffa report?

Kathy A. Raffa reported receiving 6,051 shares of CBIZ common stock as a grant. The award is part of her annual non-employee director compensation and was reported as a grant/award acquisition rather than an open-market purchase.

How many CBIZ (CBZ) shares does Kathy A. Raffa hold after this Form 4?

After the reported grant, Kathy A. Raffa directly holds 8,412 shares of CBIZ common stock. This total reflects the addition of 6,051 granted shares, as disclosed in the Form 4 transaction data for her director equity compensation.

Was cash paid for the CBIZ (CBZ) shares granted to Kathy A. Raffa?

No cash was paid for these shares; the transaction price per share is listed as $0.00. The 6,051 shares of CBIZ common stock were received as a restricted stock compensation award for Raffa’s service as a non-employee director.

How does the restricted stock granted to CBIZ (CBZ) director Raffa vest?

The restricted stock vests over two years, with 50% vesting in each of the two years following the award date. This schedule means the grant is earned gradually as Raffa continues serving as a non-employee director.

Is Kathy A. Raffa’s CBIZ (CBZ) Form 4 transaction a market buy or sell?

The Form 4 reports a grant/award acquisition, not a market buy or sell. The 6,051 CBIZ shares were awarded as restricted stock compensation, so they do not represent an open-market purchase or sale transaction by the director.