CBIZ (NYSE: CBZ) awards 3,462 RSUs to chief accounting officer
Rhea-AI Filing Summary
CBIZ, Inc. reported that Chief Accounting Officer Michael T. Mangan received an equity grant in the form of restricted stock units. On March 6, 2026, he was awarded 3,462 RSUs, which convert into common stock on a one-for-one basis.
The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, aligning his compensation with long-term shareholder value. Following this grant, Mangan directly holds 7,633.4082 shares of CBIZ common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 3,462 shares
Net Buy
1 txn
Insider
Mangan Michael T.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,462 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 7,633.4082 shares (Direct)
Footnotes (1)
- F1. On March 6, 2026, the reporting person was granted 3,462 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. Restricted stock units convert into common stock on a one-for-one basis.
FAQ
What insider transaction did CBIZ (CBZ) disclose for Michael T. Mangan?
CBIZ disclosed that Chief Accounting Officer Michael T. Mangan received a grant of 3,462 restricted stock units on March 6, 2026. These RSUs are a form of equity compensation and convert into common stock on a one-for-one basis upon vesting.
What are the vesting terms of the 3,462 RSUs granted by CBIZ (CBZ)?
The 3,462 restricted stock units granted to Michael T. Mangan vest in three equal annual installments. Vesting begins on the first anniversary of the March 6, 2026 grant date, spreading the compensation over three years to encourage longer-term alignment with company performance.
How do the CBIZ (CBZ) restricted stock units convert into common stock?
The restricted stock units granted to Michael T. Mangan convert into CBIZ common stock on a one-for-one basis. As each RSU vests according to the three-year schedule, it is settled in a single share of common stock, increasing his direct share ownership.
What role does Michael T. Mangan hold at CBIZ (CBZ) in this Form 4?
In this Form 4, Michael T. Mangan is identified as an officer of CBIZ, serving as Chief Accounting Officer. The filing reports an equity compensation grant of 3,462 restricted stock units to him, emphasizing his alignment with the company’s long-term performance.
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