CBIZ, Inc. Files Form 10-K/A Amendment: Correction to Shares Outstanding
CBIZ, Inc. Files Form 10-K/A Amendment: Correction to Shares Outstanding
Key Update: Amendment to Annual Report for Fiscal Year Ended December 31, 2025
CBIZ, Inc. (NYSE: CBZ), a well-known seasoned issuer in the professional services sector, has filed an Amendment No. 1 to its Annual Report on Form 10-K (Form 10-K/A) with the Securities and Exchange Commission (SEC). The amendment is specifically to correct the number of outstanding shares reported on the cover page of the company’s original Annual Report for the fiscal year ended December 31, 2025.
Key Points Investors Should Note
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Nature of Amendment: The sole purpose of this amendment is to provide the correct number of shares outstanding as of February 20, 2026. There are no other changes to the previously filed Annual Report for the period ended December 31, 2025.
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Corrected Shares Outstanding: The accurate number of shares of CBIZ, Inc. common stock outstanding as of February 20, 2026, is 55,073,267.
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Market Value of Public Float: The aggregate market value of voting and non-voting common stock held by non-affiliates, based on the closing price as of June 30, 2025, was approximately \$3,830.6 million.
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No Financial Changes: The amendment does not include any new or restated financial statements. There are no corrections to previously reported financial figures, nor any restatements of earnings, revenues, or other key financial metrics.
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No Correction of Errors in Financials: The amendment does not reflect a correction of any error in previously issued financial statements, and there are no restatements that would require a clawback or recovery analysis for executive incentive-based compensation.
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Compliance and Certifications: The amendment includes updated certifications by the company’s principal executive officer and principal financial officer, as required by SEC rules. However, since the amendment does not contain new financial statements, certifications pursuant to Section 906 of the Sarbanes-Oxley Act are not included.
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Company Background: CBIZ, Inc. is a large, seasoned issuer with securities traded on the New York Stock Exchange under the symbol CBZ. The company is not a shell company, not an emerging growth company, and is not a smaller reporting company.
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Other Details: The company remains in full compliance with all SEC reporting requirements and has timely filed all necessary reports over the past 12 months and 90 days.
Shareholder Impact and Price Sensitivity
Price Sensitivity: While this amendment does not affect the company’s financial results or business operations, the correction of the shares outstanding figure is important for investors and analysts. Shares outstanding is a critical metric used in calculating per-share values, such as earnings per share (EPS), and for assessing dilution and market capitalization.
Transparency and Compliance: The prompt correction demonstrates management’s commitment to transparency and regulatory compliance. There is no indication of any underlying accounting or reporting issue that would otherwise impact shareholder value or trigger further review.
Summary Table
| Item |
Details |
| Filing Type |
Form 10-K/A (Amendment No. 1) |
| Filing Date |
Filed after February 26, 2026 |
| Corrected Shares Outstanding |
55,073,267 as of February 20, 2026 |
| Aggregate Public Float |
\$3,830.6 million as of June 30, 2025 |
| Trading Symbol / Exchange |
CBZ / NYSE |
| Reason for Amendment |
Correction of shares outstanding on cover page only; no change to financials |
| Are Financials Restated? |
No |
| Is This Price-Sensitive? |
Potentially, as shares outstanding affects per-share calculations and valuation metrics |
Conclusion
For investors and analysts, it is crucial to ensure that per-share calculations are based on the correct number of shares outstanding. There is no underlying financial or operational issue, and all other aspects of the company’s performance and reporting remain unchanged.
Disclaimer: This article is provided for informational purposes only and does not constitute investment advice. Investors should review the official SEC filings and consult with their financial advisors before making investment decisions. The information contained herein is based on publicly available filings and is not warranted as to its accuracy or completeness.
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