Kouzelos Michael P 4
Research Summary
AI-generated summary
CBIZ (CBZ) President Michael Kouzelos Shares Withheld for Taxes
What Happened
- Michael P. Kouzelos, President of Employee Services at CBIZ, had 1,059 shares withheld to cover tax obligations when previously granted restricted stock units (RSUs) vested. The withholding was recorded as a disposition at $27.84 per share, totaling $29,483.
Key Details
- Transaction date: 2026-02-14
- Price per share: $27.84; Shares withheld/disposed: 1,059; Value: $29,483
- Transaction code: F (shares withheld for taxes upon vesting of RSUs)
- Footnote: Represents shares withheld for taxes on RSUs granted Feb 14, 2025 (previously reported)
- Filing date: 2026-02-17 — filing appears timely relative to the Feb 14 transaction (no late filing indicated)
- Shares owned after the transaction: not disclosed in the provided Form 4
Context
- This was a tax-withholding event tied to RSU vesting, not an open-market sale or purchase. Such withholdings are routine administrative actions to satisfy tax liabilities and do not necessarily signal the insider’s view on the stock.