CBZ.NYSECbiz, INC

Form 4: CBIZ CEO Jerome Grisko Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Jerome Grisko, CEO and President of CBIZ, Inc., reports the vesting of restricted stock units and subsequent disposition of shares to cover tax obligations.

Summary

  • Jerome P. Grisko, CEO and President of CBIZ, Inc., filed a Form 4 detailing changes in beneficial ownership of CBIZ stock.
  • On February 11, 2025, 9,457 restricted stock units vested and converted into common stock.
  • Also on February 11, 2025, 4,242 shares were disposed of at a price of $88.03 to satisfy tax obligations.
  • Following these transactions, Grisko directly owns 169,658.3372 shares of CBIZ common stock.
  • Grisko also indirectly owns shares through a SLAT (302,000 shares), a spousal trust (177,914 shares), and another trust (387,578 shares).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Key Dates

DateDescription
02/11/2022Reporting person was granted 28,372 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
02/11/2025Restricted stock units vested and converted into common stock; shares disposed of to cover tax obligations.
02/13/2025Date of signature for the Form 4 filing.

Keywords

Form 4, CBIZ, Jerome Grisko, Stock, Restricted Stock Units, Beneficial Ownership, Transactions

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