Michael P. Kouzelos - 08 Feb 2024 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Role: President, Employee Services
Signature: /s/ Jaileah X. Huddleston, attorney-in-fact for Michael P. Kouzelos
Issuer symbol: CBZ
Transactions as of: 08 Feb 2024
Net transactions value: -$98,411
Form type: 4
Filing time: 12 Feb 2024, 18:13:13 UTC
Previous filing: 28 Feb 2023
Next filing: 13 Feb 2024
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		+3,053	+0.98%		316,056	08 Feb 2024	Direct	F1
transaction	CBZ	Common Stock	Tax liability	$98,411	-1,511	-0.48%	$65.13	314,545	08 Feb 2024	Direct

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		-3,053	-33%		6,105	08 Feb 2024	Common Stock	3,053		Direct	F1, F2

* 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	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.