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.