Form 4: CBIZ CEO Grisko Reports Share Vesting, Tax Sale
Insider Transaction Report
CBIZ CEO and President Jerome P. Grisko reported the vesting of performance-based share units and a related tax-driven disposition of common stock.
Summary
- Jerome P. Grisko, CEO & President of CBIZ, Inc. (CBZ), reported transactions involving common stock.
- On February 11, 2026, Grisko acquired 32,899 shares of common stock at a price of $0, resulting from the vesting of performance-based performance share unit awards made in 2023.
- Concurrently, on February 11, 2026, Grisko disposed of 14,756 shares of common stock at a price of $30.47 per share to cover tax obligations related to the vesting of these performance share unit awards.
- Following these transactions, Grisko directly beneficially owns 79,619.3372 shares of common stock.
- Indirect beneficial ownership includes 177,914 shares via a 2025 SLAT, 307,080 shares via a SLAT, 24,325 shares via a spousal trust, and 518,603 shares via another trust.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a moderately positive event, as the vesting of performance shares indicates the achievement of prior performance goals. The subsequent tax-related sale is a standard, neutral event.
Positives
- The vesting of 32,899 performance-based share units indicates that performance targets set in 2023 were met, reflecting positively on company and executive performance.
Negatives
- A disposition of 14,756 shares occurred, reducing direct beneficial ownership, although this was for tax-related purposes following the vesting of awards.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures for executives of publicly traded companies, reporting changes in their beneficial ownership of company securities. The vesting of performance-based awards and subsequent tax-related sales are common events in executive compensation structures across various industries.
Stakeholder Impact
- Shareholders: The vesting of performance shares indicates management's alignment with shareholder interests through performance-based compensation. The tax-related sale is a routine event with minimal impact.
Key Dates
| Date | Description |
|---|---|
| 02/11/2026 | Date of common stock acquisition due to vesting of performance-based share units and disposition for tax purposes. |
| 02/13/2026 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed and filed. |
Keywords
CBIZ, CBZ, Form 4, insider transaction, stock vesting, executive compensation, performance share units
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