Form 4: CBIZ CFO Lakhia Reports Tax-Related Stock Withholding

CBIZ Senior Vice President & CFO Brad S. Lakhia reported the withholding of 1,647 shares of common stock for tax purposes following the vesting of restricted stock units.

Summary

• Brad S. Lakhia, Senior Vice President & CFO of CBIZ, Inc., reported a transaction involving company common stock.
• On March 17, 2026, 1,647 shares of CBIZ common stock were disposed of.
• These shares were withheld for taxes at a price of $26.49 per share.
• The withholding occurred upon the vesting of previously reported restricted stock units that were granted on March 17, 2025.
• Following this transaction, Lakhia beneficially owns 146,832.9545 shares of CBIZ common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard administrative transaction related to executive compensation and tax obligations, with no direct positive or negative implications for the company's operational performance or strategic direction.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as tax withholdings upon RSU vesting, are common across all industries and typically do not reflect a change in management's outlook on the company's prospects.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine administrative transaction related to executive compensation and tax obligations.

Key Dates

Keywords

CBIZ, CBZ, Brad S. Lakhia, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Executive Compensation