Mangan Michael T. 4
Research Summary
AI-generated summary
CBIZ (CBZ) Chief Accounting Officer Michael Mangan Receives Award
What Happened
- Michael T. Mangan, Chief Accounting Officer of CBIZ, Inc. (CBZ), was granted 3,462 restricted stock units (RSUs) on March 6, 2026. The Form 4 reports the acquisition at $0.00 per share (awarded shares — no cash paid).
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (filed within the standard two business-day window).
- Reported amount: 3,462 RSUs; price shown: $0.00; total purchase value on form: $0.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: The RSUs vest in three equal annual installments beginning on the first anniversary of the grant and convert into common stock on a one-for-one basis (see footnote F1).
- Transaction type code: A (Award/Grant).
Context
- RSU grants are a form of compensation and do not represent an open-market purchase (they are not a direct bullish vote by the insider). These RSUs will only become tradable common shares as they vest and convert per the schedule noted above.