Lakhia Brad S. 4

What Happened

• Brad S. Lakhia, Senior Vice President and Chief Financial Officer of CBIZ, Inc. (CBZ), received two restricted stock unit (RSU) awards on March 6, 2026 totaling 93,966 RSUs. The awards were reported as acquisitions (code A) at $0.00 per share.
• Grant details: 65,941 RSUs vest in full on the second anniversary of the grant (subject to continued employment); 28,025 RSUs vest in three equal annual installments beginning on the first anniversary. RSUs convert into common stock on a one-for-one basis when vested.

Key Details

• Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (filed within the typical 2-business-day window).
• Reported price: $0.00 (typical for RSU grants; not an open-market purchase).
• Total RSUs granted: 93,966 (65,941 + 28,025).
• Vesting: 65,941 — cliff vest on 2nd anniversary; 28,025 — three equal annual installments starting on year 1.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: RSUs convert 1-for-1 into common stock; no 10b5-1 plan or tax-withholding mechanics are indicated in the filing.

Context

• RSU grants are a form of equity compensation, not an open-market purchase or sale. They compensate and retain executives and do not by themselves signal buying or selling intent in the market. When vested, RSUs convert into common shares and may be sold or held subject to company policies and insider trading rules.