CBIZ (CBZ) director Todd Slotkin receives 6,051-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SLOTKIN TODD J reported acquisition or exercise transactions in this Form 4 filing.
CBIZ, Inc. director Todd J. Slotkin received a grant of 6,051 shares of Common Stock as restricted stock, reported at a price of $0.00 per share. According to the award terms, the restricted stock vests 50% in each of the two years following the grant date, and Slotkin now holds 57,229 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SLOTKIN TODD J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,051 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 57,229 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 6,051 shares
Reported grant price: $0.00 per share
Post-transaction holdings: 57,229 shares
+1 more
4 metrics
Restricted stock grant
6,051 shares
Director compensation award of Common Stock
Reported grant price
$0.00 per share
Restricted stock grant to director
Post-transaction holdings
57,229 shares
Total Common Stock directly held after grant
Vesting schedule
50% per year over 2 years
Restricted stock vesting terms from award footnote
Key Terms
Restricted Stock, non-employee Director compensation grant, Common Stock
3 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 compensation grant financial
"Annual non-employee Director compensation grant awarded."
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CBIZ (CBZ) disclose for Todd J. Slotkin?
CBIZ disclosed that director Todd J. Slotkin received a grant of 6,051 restricted shares of Common Stock. The award is compensation for his role as a non-employee director and was reported as acquired at a price of $0.00 per share.
What are the vesting terms of Todd J. Slotkin’s CBIZ restricted stock?
The 6,051 restricted CBIZ shares granted to Todd J. Slotkin vest 50% in each of the two years following the award date. This means the grant is split into two equal installments that become fully owned over a two-year period.
What type of security did Todd J. Slotkin receive from CBIZ (CBZ)?
Todd J. Slotkin received restricted shares of CBIZ Common Stock. The Form 4 notes a grant of 6,051 restricted shares, with 50% scheduled to vest in each of the two years following the grant date as part of director compensation.