Form 4: CBIZ Inc. Director Rick Burdick Reports Stock Transactions
Statement of Changes in Beneficial Ownership
CBIZ, Inc. Director Rick L. Burdick reported transactions involving the acquisition of 6,051 shares of common stock and a decrease in beneficial ownership to 179,454 shares.
Summary
- Rick L. Burdick, a Director at CBIZ, Inc., has reported a transaction on May 15, 2026.
- This transaction involved the acquisition of 6,051 shares of common stock.
- The acquisition was made at a price of $0, indicating it was likely a grant or award.
- Following this transaction, Mr. Burdick's beneficial ownership of common stock is 179,454 shares.
- This ownership is held indirectly through a limited partnership.
- The filing also notes that restricted stock vests 50% in each of the two years following the award date, and this was an annual non-employee Director compensation grant.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine equity grant to a director and does not indicate significant positive or negative developments for the company.
Positives
- Director Rick L. Burdick received an annual compensation grant of 6,051 shares of common stock.
- The transaction was executed at a price of $0, suggesting it was a form of equity compensation.
- Mr. Burdick continues to hold a significant beneficial ownership of 179,454 shares in CBIZ, Inc.
Negatives
- The filing indicates a decrease in directly held common stock, with 179,454 shares now held indirectly.
Future Outlook
The filing mentions that restricted stock vests 50% in each of the two years following the date of award, indicating a phased vesting schedule for equity compensation.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and reflect typical equity compensation practices for non-employee directors in the publicly traded company sector.
Stakeholder Impact
- Shareholders: The transaction reflects standard director compensation practices and does not immediately suggest a change in the company's strategic direction or financial health.
Next Steps
- Vesting of restricted stock over the next two years.
Key Dates
| Date | Description |
|---|---|
| 05/15/2026 | Transaction Date for acquisition of common stock. |
| 05/19/2026 | Date of signature for the filing. |
Keywords
CBIZ Inc., CBZ, Form 4, Insider Trading, Director Compensation, Stock Grant, Beneficial Ownership, Equity Compensation
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