Form 4: CBIZ Officer's Routine Stock Tax Withholding

CBIZ Chief Accounting Officer Michael T. Mangan reported the withholding of 266 shares for tax purposes following the vesting of restricted stock units.

Summary

• Michael T. Mangan, Chief Accounting Officer of CBIZ, Inc. (CBZ), reported a transaction on February 8, 2026.
• The transaction involved the disposition of 266 shares of Common Stock.
• These shares were withheld for taxes upon the vesting of previously reported restricted stock units granted on February 8, 2023.
• The shares were disposed of at a price of $38.27 per share.
• Following this transaction, Michael T. Mangan beneficially owns 3,421.4082 shares of CBIZ Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is a routine, non-discretionary transaction related to tax obligations upon the vesting of executive compensation, rather than a discretionary sale or purchase.

Future Outlook

This 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 the withholding of shares for tax purposes upon the vesting of restricted stock units is a standard and routine practice in executive compensation across various industries. It is a non-discretionary event that does not typically reflect a change in an insider's investment sentiment or the company's operational performance.

Key Dates

Keywords

CBIZ, CBZ, Form 4, Insider Transaction, Stock, Restricted Stock Units, Tax Withholding, Executive Compensation