Director Richard Marabito awarded 6,051 CBIZ (CBZ) restricted shares as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MARABITO RICHARD T reported acquisition or exercise transactions in this Form 4 filing.
CBIZ, Inc. reported that director Richard T. Marabito received a grant of 6,051 shares of common stock as part of annual non-employee director compensation. The award is structured as restricted stock that vests 50% in each of the two years following the grant date.
After this equity award, Marabito directly holds 18,887 shares of CBIZ common stock. Because this is a compensation-related grant at no cash cost to the insider, it reflects routine equity-based director compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MARABITO RICHARD T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,051 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,887 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 6,051 shares
Grant price: $0.0000 per share
Post-transaction holdings: 18,887 shares
+1 more
4 metrics
Restricted stock grant
6,051 shares
Annual non-employee director compensation award
Grant price
$0.0000 per share
Restricted stock issued at no cash cost to director
Post-transaction holdings
18,887 shares
Common stock directly owned after the grant
Vesting schedule
50% per year over 2 years
Restricted stock vesting following the award date
Key Terms
Restricted Stock, non-employee Director compensation, Form 4, Grant, award, or other acquisition
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 compensation financial
"Annual non-employee Director compensation grant awarded."
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did CBIZ (CBZ) report for Richard T. Marabito?
CBIZ reported that director Richard T. Marabito received a grant of 6,051 shares of common stock. The Form 4 classifies this as a grant or award acquisition, reflecting routine equity compensation for a non-employee director rather than an open-market trade.
What does transaction code "A" mean in the CBIZ (CBZ) Form 4 for Richard T. Marabito?
Transaction code "A" on this Form 4 indicates a grant, award, or other acquisition of shares. For Richard T. Marabito, it reflects a restricted stock award tied to annual non-employee director compensation, not a discretionary buy or sell decision in the market.