Michael P. Kouzelos - 11 Feb 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
Issuer symbol: CBZ
Transactions as of: 11 Feb 2025
Net transactions value: -$147,978
Form type: 4
Filing time: 13 Feb 2025, 16:18:16 UTC
Previous filing: 11 Feb 2025
Next filing: 14 Feb 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		+3,748	+1.1%		349,135	11 Feb 2025	Direct	F1
transaction	CBZ	Common Stock	Tax liability	$147,978	-1,681	-0.48%	$88.03	347,454	11 Feb 2025	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		-3,748	-100%		0	11 Feb 2025	Common Stock	3,748		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 11, 2022, the reporting person was granted 11,244 restricted stock units, vesting in three (3) equal annual installments beginning on the first anniversary of the grant date.