Kouzelos Michael P 4

What Happened
Michael P. Kouzelos, President, Employee Services of CBIZ, Inc. (CBZ), was granted 21,760 restricted stock units (RSUs) on March 6, 2026. The Form 4 reports the acquisition at $0.00 per share (typical for compensation grants). This is an award rather than a market purchase or sale.

Key Details

• Transaction type: A (Award/Grant) — 21,760 RSUs acquired on 2026-03-06 at $0.00 reported.
• Vesting: RSUs vest in three equal annual installments beginning on the first anniversary of the grant; each RSU converts one-for-one into common stock (per footnote).
• Shares owned after transaction: not disclosed in the provided filing.
• Filing: Form 4 filed 2026-03-10 — appears timely (filed within required reporting window).
• No sale, tax-withholding sale, or 10b5-1 plan noted in the provided information.

Context
RSU grants are a form of compensation and do not represent an immediate cash purchase or sale; they indicate the company awarded equity subject to future vesting. Because these units vest over time, they align the executive’s incentives with longer-term performance but do not imply immediate insider buying interest.