Richard T. Marabito, a director at CBIZ, Inc., made notable changes to his stock holdings on November 2, 2026. In a recent filing, Marabito reported the disposal of 18,887 shares of common stock and the exercise of stock options for an additional 50,000 shares. This event is significant as it reflects ongoing adjustments in executive ownership within CBIZ, a company that operates in the business services sector.

Background

CBIZ, Inc. is a provider of business services, categorized under the SIC description of Services-Business Services, NEC. The company is publicly traded under the ticker symbol CBZ and is listed on the stock exchange. Its headquarters is located in Independence, Ohio. CBIZ has undergone several name changes in its history, previously known as Century Business Services Inc and International Alliance Services Inc.

What the Filing Says

The filing indicates that Marabito disposed of 18,887 shares of common stock on November 2, 2026. Additionally, he exercised stock options for 50,000 shares, with an exercise price of $32.64. The filing states, "Pursuant to the terms of the Agreement and Plan of Merger, each outstanding share of common stock was canceled and converted into the right to receive $55.00 in cash per share." This transaction reflects significant movements in Marabito's stock ownership.

Impact

This transaction may influence stakeholders and investors in CBIZ, as changes in executive ownership often signal shifts in company strategy or performance outlook. Marabito's actions could also affect the perception of the company's stability and growth potential within the business services sector.

What's Next

The filing does not say what happens next regarding Marabito's future transactions or any potential implications for CBIZ, Inc. stakeholders.