BURDICK RICK L 4

What Happened
Rick Burdick, a director of CBIZ, Inc. (CBZ), was granted 6,051 shares as a restricted stock award on 2026-05-15. The shares were issued at $0.00 (compensation award), so no cash was exchanged. This is a compensation grant for a non-employee director rather than an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-05-15 — Award/Grant (code A) of 6,051 shares at $0.00.
• Reported value on Form 4: $0 (compensatory restricted stock award).
• Vesting: 50% vests in each of the two years following the award (footnote F1).
• Purpose: Annual non-employee director compensation grant (footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timing: Form 4 filed 2026-05-19 (four days after the transaction). Form 4s are normally required within two business days, so this filing is later than the typical deadline.

Context
Restricted stock awards to directors are common as part of compensation and do not necessarily signal insider confidence or a market view. Because these shares vest over time, they are not immediately liquid; any market impact would depend on future vesting and subsequent sales.