MARABITO RICHARD T 4

What Happened
Richard T. Marabito, a director of CBIZ, Inc. (CBZ), was granted 6,051 restricted shares on 2026-05-15. The shares were awarded at $0.00 (i.e., an equity grant as compensation), so no cash was exchanged. This is a compensation award to a non-employee director rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (filed within the standard two-business-day window).
• Transaction type/code: Award/Grant (A) — 6,051 shares granted at $0.00 (acquired).
• Shares owned after transaction: not specified in the filing.
• Footnote: Restricted stock vests 50% in each of the two years following the award (annual non-employee director compensation grant).
• No indication of a 10b5-1 plan, tax withholding, or immediate sale in this filing.

Context
Restricted stock awards to directors are common as part of annual compensation and do not necessarily signal buying or selling intent. Because the shares vest over two years (50% each year), they are not fully transferable or necessarily liquid immediately; their effective value equals the market price of CBZ stock times 6,051 shares once vested. Retail investors who track insider activity can treat this as routine director compensation rather than a direct bullish purchase.