Kouzelos Michael P 4

What Happened

• Michael P. Kouzelos, President, Employee Services at CBIZ, had 1,116 shares withheld on February 9, 2026 to satisfy tax withholding related to vested restricted stock units. The filing reports the shares at $34.29 each, totaling about $38,268. This was a tax-withholding disposition (not an open-market sale or purchase).

Key Details

• Transaction date and price: 2026-02-09; 1,116 shares at $34.29 each (total ~$38,268).
• Transaction type: F — shares withheld to cover tax liability upon RSU vesting (counted as a disposition).
• Footnote: Represents shares withheld for taxes upon the vesting of previously reported restricted stock units granted on February 9, 2024.
• Filing: Form 4 filed on 2026-02-11 (two days after the transaction), which is within the typical two-business-day reporting window.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This was a routine tax-withholding event tied to RSU vesting, not a market sale intended to realize investment gains. Such withholdings reduce reported holdings but generally do not signal insider buy/sell intent.