Form 4: Kouzelos Michael P reports multiple insider transactions in CBZ

(Moderate)

(Neutral)

Form Type

Rhea-AI Filing Summary

Kouzelos Michael P reported multiple insider transaction types in a Form 4 filing for CBZ. The filing lists transactions totaling 15,389 shares at a weighted average price of $30.47 per share. Following the reported transactions, holdings were 369,017 shares.

Insider Trade Summary

Net Buyer: 5,857 shares

Net Buy 2 txns

Insider Kouzelos Michael P

Role President, Employee Services

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10,623	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	4,766	$30.47	$145K

Holdings After Transaction: Common Stock — 369,017 shares (Direct)

Footnotes (2)

F1. These shares were issued pursuant to the vesting of performance-based performance share unit awards made in 2023.
F2. Tax related to the vesting of performance share unit awards.

FAQ

What insider transactions did CBIZ (CBZ) report for Michael P. Kouzelos?

CBIZ reported that Michael P. Kouzelos acquired 10,623 shares of common stock at $0 from vesting performance share units, and 4,766 shares were disposed of at $30.47 to satisfy tax withholding, leaving him with 369,017 directly owned shares.

Were Michael P. Kouzelos’ CBIZ (CBZ) transactions open-market buys or sells?

The Form 4 shows no open-market buys or sells. Shares were acquired through vesting of performance-based share unit awards and disposed of only in a tax-withholding transaction at $30.47 per share to cover taxes on the vesting.

How many CBIZ (CBZ) shares does Michael P. Kouzelos own after these transactions?

Following the reported equity award vesting and related tax-withholding disposition, Michael P. Kouzelos directly beneficially owns 369,017 shares of CBIZ common stock, as disclosed in the Form 4’s ownership column for non-derivative securities.

What is the nature of the 10,623 CBIZ (CBZ) shares acquired by Michael P. Kouzelos?

The 10,623 CBIZ shares were issued upon vesting of performance-based performance share unit awards granted in 2023. These are stock-based compensation awards, not open-market purchases, and are reported with a transaction code A for an award or other acquisition.

Why were 4,766 CBIZ (CBZ) shares disposed of in Michael P. Kouzelos’ Form 4?

The 4,766 CBIZ shares were disposed of to cover tax obligations related to the vesting of performance share unit awards. The transaction, coded F, reflects tax withholding at a price of $30.47 per share rather than a discretionary market sale.

What position does Michael P. Kouzelos hold at CBIZ (CBZ) in this Form 4?

In the Form 4, Michael P. Kouzelos is identified as an officer of CBIZ with the title “President, Employee Services.” The filing also shows that the reported share transactions are held under direct ownership, not through an indirect entity.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/13/2026 - 06:22 PM

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^*

Kouzelos Michael P

(Last)

(First)

(Middle)

C/O CBIZ, INC.

5959 ROCKSIDE WOODS BLVD. N., SUITE 600

(Street)

INDEPENDENCE

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)
	President, Employee Services

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/11/2026		A⁽¹⁾		10,623	A	$0	373,783	D
Common Stock	02/11/2026		F⁽²⁾		4,766	D	$30.47	369,017	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares were issued pursuant to the vesting of performance-based performance share unit awards made in 2023.

2. Tax related to the vesting of performance share unit awards.

	/s/ Jaileah X. Huddleston, attorney-in-fact for Michael P. Kouzelos	02/13/2026
	** 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.

Source: View Original Filing on SEC EDGAR