Michael P. Kouzelos - Feb 8, 2025 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Role: President, Employee Services
Signature: /s/ Jaileah X. Huddleston, attorney-in-fact for Michael P. Kouzelos
Stock symbol: CBZ
Transactions as of: Feb 8, 2025
Transactions value $: -$218,680
Form type: 4
Date filed: 2/11/2025, 04:23 PM
Previous filing: Feb 13, 2024
Next filing: Feb 13, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CBZ	Common Stock	Options Exercise		+3.05K	+0.89%		348K	Feb 8, 2025	Direct	F1
transaction	CBZ	Common Stock	Tax liability	-$120K	-1.37K	-0.39%	$88.00	347K	Feb 8, 2025	Direct
transaction	CBZ	Common Stock	Tax liability	-$98.2K	-1.12K	-0.32%	$88.00	345K	Feb 9, 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CBZ	Restricted Stock Units	Options Exercise		-3.05K	-49.99%		3.05K	Feb 8, 2025	Common Stock	3.05K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common stock on a one-for-one basis.
F2	Represents shares withheld for taxes upon the vesting of previously reported restricted stock units granted on February 9, 2024.
F3	On February 8, 2023, the reporting person was granted 9,158 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.