GRISKO JEROME P 4
4 · CBIZ, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
CBIZ CEO Jerome Grisko Receives Performance Award; Tax Withholding
What Happened Jerome P. Grisko, CEO, President and a director of CBIZ, Inc. (CBZ), had 32,899 performance-based shares issued to him upon vesting on February 11, 2026. Simultaneously, 14,756 of those shares were withheld to satisfy tax obligations at an effective per-share value of $30.47, resulting in $449,615 withheld. The grant/issuance is reported as an award (A) and the withholding as a tax-related disposition (F).
Key Details
- Transaction date: 2026-02-11 (reported on Form 4 filed 2026-02-13).
- Award: 32,899 shares issued (price shown $0.00 on the Form 4 as an award/vesting).
- Tax withholding: 14,756 shares disposed @ $30.47 each = $449,615 (code F).
- Footnotes: F1 — shares issued upon vesting of 2023 performance-based PSU awards; F2 — withholding to cover tax liability on vesting.
- Shares owned after the transaction: not specified in the information provided.
- Filing timeliness: reported within two days of the transaction (no late filing flag indicated).
Context This was not an open-market purchase or sale signaling a buy/sell decision; it reflects the vesting of performance share units and routine tax withholding (a common "cashless" mechanism where shares are surrendered to cover taxes). Such awards are compensation-related rather than direct market activity by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-11+32,899→ 94,375.337 total - Tax Payment
Common Stock
[F2]2026-02-11$30.47/sh−14,756$449,615→ 79,619.337 total
- 177,914(indirect: By 2025 SLAT)
Common Stock
- 307,080(indirect: By SLAT)
Common Stock
- 24,325(indirect: By Trust)
Common Stock
- 518,603(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]These shares were issued pursuant to the vesting of performance-based performance share unit awards made in 2023.
- [F2]Tax related to the vesting of performance share unit awards.