STOCK TITAN

Form 4: Mangan Michael T. reports multiple insider transactions in CBZ

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

Rhea-AI Filing Summary

Mangan Michael T. reported multiple insider transaction types in a Form 4 filing for CBZ. The filing lists transactions totaling 2,993 shares at a weighted average price of $30.47 per share. Following the reported transactions, holdings were 5,282 shares.

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)
02/11/2026
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)
Code V Amount (A) or (D) Price
Common Stock 02/11/2026 A(1) 2,065 A $0 5,282.4082 D
Common Stock 02/11/2026 F(2) 928 D $30.47 4,354.4082 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. 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 T. Mangan 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.

FAQ

What insider transactions did CBIZ (CBZ) report for Michael T. Mangan?

CBIZ reported that Chief Accounting Officer Michael T. Mangan acquired 2,065 shares of common stock through vesting of performance share units and disposed of 928 shares to cover related taxes, leaving him with 4,354.4082 directly owned shares after the transactions.

How many CBIZ (CBZ) shares did Michael T. Mangan acquire on February 11, 2026?

On February 11, 2026, Michael T. Mangan acquired 2,065 CBIZ common shares at $0 per share. These were issued upon vesting of performance-based performance share unit awards originally granted in 2023, reflecting stock-based compensation rather than an open-market purchase.

Why were 928 CBIZ (CBZ) shares disposed of in Michael T. Mangan’s Form 4?

The 928 shares were disposed of to satisfy taxes related to vesting of performance share unit awards. The filing classifies this as a tax-withholding disposition, meaning shares were used to pay tax liabilities rather than representing a traditional open-market sale transaction.

What is Michael T. Mangan’s role at CBIZ (CBZ) according to the Form 4?

According to the Form 4, Michael T. Mangan serves as an officer of CBIZ with the title Chief Accounting Officer. The filing does not list him as a director or 10% owner, but specifically identifies his officer position in the relationship section.

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

Following the reported transactions, Michael T. Mangan directly owns 4,354.4082 CBIZ common shares. This reflects the 2,065-share award from performance unit vesting and the 928-share tax-withholding disposition reported for February 11, 2026 in the Form 4 filing.

What do the Form 4 transaction codes A and F mean in the CBIZ (CBZ) filing?

In this filing, code A represents a grant, award, or other acquisition of 2,065 shares at $0 from vested performance share units. Code F represents a tax-withholding disposition, where 928 shares at $30.47 were used to pay tax obligations associated with that vesting.
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