SHERMAN A HAAG 4

What Happened

• Sherman A. Haag, a director of CBIZ, Inc. (CBZ), was granted 6,051 shares of restricted stock on 2026-05-15. The Form 4 reports an acquisition price of $0.00, indicating this was a compensation award rather than a market purchase or sale.

Key Details

• Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (filed 4 days after the transaction; SEC requires Form 4 within two business days).
• Transaction type/code: Award/Grant (A).
• Shares granted: 6,051; reported acquisition price: $0.00 (compensation grant).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Restricted stock vests 50% in each of the two years following the award as part of the annual non-employee director compensation grant.

Context

• This is a routine director compensation award (restricted stock). Because the shares vest over two years, the grant is intended as deferred compensation and does not directly signal an immediate buy/sell decision by the insider. The delayed filing may be a timeliness issue but does not change the nature of the grant.