STOCK TITAN

Tax withholding trims CBIZ (NYSE: CBZ) officer stake by 266 shares

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

Rhea-AI Filing Summary

CBIZ, Inc. Chief Accounting Officer Michael T. Mangan reported a tax-related share withholding tied to equity compensation. On February 8, 2026, 266 shares of common stock were withheld at $38.27 per share upon vesting of previously reported restricted stock units granted on February 8, 2023.

After this transaction, Mangan beneficially owns 3,421.4082 shares of CBIZ common stock in direct ownership. The filing reflects administrative settlement of tax obligations rather than an open-market sale.

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*
Mangan Michael T.

(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)
Chief Accounting Officer
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 F 266(1) D $38.27 3,421.4082 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. Represents shares withheld for taxes upon the vesting of previously reported restricted stock units granted on February 8, 2023.
/s/ Jaileah X. Huddleston, Attorney-in-Fact for Michael T. Mangan 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 T. Mangan?

CBIZ reported that Chief Accounting Officer Michael T. Mangan had 266 shares of common stock withheld for taxes. This occurred upon vesting of restricted stock units that were originally granted on February 8, 2023, and is a routine equity compensation event.

Was the CBIZ (CBZ) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The 266 CBIZ shares were withheld to satisfy tax obligations when previously granted restricted stock units vested, as disclosed in the footnote, rather than being sold on the open market.

How many CBIZ (CBZ) shares were involved in the February 8, 2026 transaction?

The transaction involved 266 shares of CBIZ common stock. These shares were withheld at a price of $38.27 per share to cover taxes associated with the vesting of restricted stock units granted on February 8, 2023.

How many CBIZ (CBZ) shares does Michael T. Mangan own after the transaction?

After the reported transaction, Michael T. Mangan beneficially owns 3,421.4082 shares of CBIZ common stock. The filing notes this ownership as direct, reflecting his remaining stake following the tax-withholding event on February 8, 2026.

What does transaction code "F" mean in the CBIZ (CBZ) Form 4 filing?

Transaction code “F” indicates shares were withheld to pay taxes upon vesting of equity awards. In this CBIZ filing, 266 shares were withheld when previously reported restricted stock units vested, rather than being voluntarily bought or sold on the open market.

What role does Michael T. Mangan hold at CBIZ (CBZ)?

Michael T. Mangan is identified as an officer of CBIZ, serving as Chief Accounting Officer. The Form 4 reflects his Section 16 reporting obligation for changes in beneficial ownership of CBIZ common stock related to equity compensation vesting and tax withholding.
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