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CBZ - Cbiz, Inc.

Insider Purchase by Lakhia Brad S. (SVP, CFO)

1 Month
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Trade Summary

5 days ago, Lakhia Brad S., serving as SVP, CFO at Cbiz, Inc. (CBZ), purchased 12,775 shares at $25.97 per share, for a total transaction value of $331,719.00. Following this transaction, Lakhia Brad S. now holds 148,480 shares of CBZ.

This purchase represents a 9.00% increase in Lakhia Brad S.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, March 13, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 17, 2026, 4 days after the trade was made.

Cbiz, Inc. operates in the INDUSTRIALS sector, specifically within the SPECIALTY BUSINESS SERVICES industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Lakhia Brad S.

Lakhia Brad S.

SVP, CFO

Brad S. Lakhia is the Senior Vice President and Chief Financial Officer (CFO) of CBIZ, Inc. (CBZ), a Cleveland-based professional services firm with FY23 net revenue of $1.35 billion. He assumed this role on March 17, 2025, succeeding Ware H. Grove after a planned transition, bringing nearly 30 years of experience in financial leadership within large, complex global companies, including expertise in M&A integration, treasury, capital markets, and operational finance.[[1]](https://insidepublicaccounting.com/2024/12/03/cbiz-appoints-brad-lakhia-as-cfo/)[[3]](https://www.gurufocus.com/insider/230109/brad-s.-lakhia)[[4]](https://www.marketscreener.com/insider/BRAD-LAKHIA-A13OT0/) Lakhia's career highlights include serving as EVP and CFO of KAR Global (NYSE: KAR, now Openlane Inc.), where he led financial and reporting functions, investor relations, and capital investment strategy.[[2]](https://corporate.openlane.com/kar-global-hires-brad-lakhia-as-chief-financial-officer/)[[3]](https://www.gurufocus.com/insider/230109/brad-s.-lakhia) Previously, he was VP Finance, Americas at The Goodyear Tire & Rubber Company, managing over $10 billion in revenue and driving cost reductions, and held roles at Andeavor (now part of Marathon Petroleum) in business planning, treasury, and credit.[[2]](https://corporate.openlane.com/kar-global-hires-brad-lakhia-as-chief-financial-officer/)[[4]](https://www.marketscreener.com/insider/BRAD-LAKHIA-A13OT0/) He holds a Bachelor of Science in accounting from The Ohio State University, a Master of Business Administration in finance from Case Western Reserve University, and is a non-practicing CPA.[[2]](https://corporate.openlane.com/kar-global-hires-brad-lakhia-as-chief-financial-officer/)

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Trade Price

$25.97

Quantity

12,775

Total Value

$331,719.00

Shares Owned

148,480

Trade Date

Friday, March 13, 2026

5 days ago

SEC Filing Date

Tuesday, March 17, 2026

Filed 4 days after trade

INDUSTRIALSSPECIALTY BUSINESS SERVICES

About Cbiz, Inc.

Company Overview

No company information available
View news mentioning CBZ

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