GRISKO JEROME P 4
Research Summary
AI-generated summary
CBIZ CEO Jerome Grisko Sells 3,469 Shares (Tax Withholding)
What Happened
Jerome P. Grisko, CEO, President and Director of CBIZ, Inc., had 3,469 shares disposed to satisfy tax withholding upon the vesting of previously reported restricted stock units. The shares were reported disposed at $34.29 per share, for a total of $118,952. This was a tax-withholding transaction, not an open-market sale.
Key Details
- Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (appears timely).
- Transaction type/code: Payment of tax liability via share withholding (Code F).
- Shares withheld/disposed: 3,469 shares at $34.29 per share; total value $118,952.
- Footnote: Shares were withheld to cover taxes on RSUs granted on February 9, 2024 (per F1).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing status: No late filing indicated.
Context
Code F transactions represent shares withheld to cover tax obligations when equity awards vest. This is a routine, administrative action (often a “cashless” withholding) and does not necessarily indicate the insider’s view of the company’s stock.