Form 4: CBIZ Inc. Executive Chris Spurio Reports Stock Transactions
SEC Form 4 Filing
Chris Spurio, President of Financial Services at CBIZ Inc., reports the conversion of restricted stock units and disposition of shares to cover tax obligations.
Summary
- On February 11, 2025, Chris Spurio, President of Financial Services at CBIZ Inc., executed transactions involving CBIZ common stock.
- Spurio converted 4,143 restricted stock units into common stock.
- He also disposed of 1,859 shares to satisfy tax withholding obligations at a price of $88.03 per share.
- Following these transactions, Spurio directly owns 219,985.9524 shares of CBIZ common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/11/2022 | Reporting person was granted 12,430 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 02/11/2025 | Chris Spurio converted 4,143 restricted stock units into common stock and disposed of 1,859 shares for tax obligations. |
| 02/13/2025 | Date of signature for the Form 4 filing. |
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