Brad Lakhia reports shares returned to the company at Cbiz
By AlphaYouPublished Form 4
Lakhia Brad S.
Reporting filer
Brad Lakhia reports shares returned to the company, not an open-market purchase or sale, in CBIZ, Inc.. Form 4 filed Nov 2, 2026 lists 1 entry.
- Disclosed
- Nov 2, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Lakhia Brad S. | 2026-11-02 | D | Disposition to issuer | 141019.9545 | Not stated (see footnotes) | 0 | 0 days | Filed terms
|
Common Stock
- Owner
- Lakhia Brad S.
- Date
- 2026-11-02
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 141019.9545
- Price
- Not stated (see footnotes)
- Following holdings
- 0
- Reporting delay
- 0 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-11-02
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: 0
- id: F1
- id: F2
- id: F3
- transaction Timeliness:
- transaction Shares: 141019.9545
- id: F1
- id: F2
- id: F3
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Lakhia Brad S.: Senior Vice President & CFO.
- F1: Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 28, 2026, by and among the Issuer, Viking ParentCo, Inc., ("Parent"), and Viking MergerCo, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation and an indirect wholly owned subsidiary of Parent.
- F2: Pursuant to the Merger Agreement, at the effective time of the merger (the "Effective Time"), each outstanding share of common stock, par value $0.01 per share, of the Issuer was canceled and converted into the right to receive $55.00 in cash per share, without interest ("Merger Consideration").
- F3: At the Effective Time, each unvested RSU held by the reporting person was canceled and converted into a replacement cash-settled RSU award representing the right to receive $55.00 in cash for each underlying share, subject to the same vesting schedule and substantially the same terms and conditions applicable to the corresponding RSU immediately prior to the Effective Time.
Original sources
Prepared automatically from public filing data. Report a correction.