CBIZ Inc. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Other Events, Financial Statements and Exhibits
$CBZ
Real Estate
Real Estate
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On November 12, 2025, the Board of Directors (the “Board”) of CBIZ, Inc. (the “Company”) approved and adopted amendments to the Company’s Amended and Restated Bylaws (as amended and restated, the “Bylaws”), effective immediately. The amendments to the Bylaws were the result of a comprehensive review of the Bylaws and include certain provisions to modernize the Bylaws consistent with applicable law, including to:
•Clarify the procedures for virtual meetings of stockholders;
•Clarify and modernize the provisions around the list of stockholders made available before stockholder meetings, consistent with updates to Delaware law;
•Amend the voting standard for the election of directors in an uncontested election to a “majority of the votes cast” standard, and in connection with a contested election to a “plurality of votes cast” standard;
•Implement advance notice provisions for director nominations and other proposals, providing, among other things, for notice of stockholder-proposed business and/or director nominations at an annual meeting to be submitted at least 90 but not more than 120 days prior to first anniversary of the preceding year’s annual meeting (unless the annual meeting date is accelerated or postponed beyond specified dates);
•Incorporate the “universal proxy” rules adopted by the Securities and Exchange Commission pursuant to Rule 14a-19 under the Securities Exchange Act of 1934 (the “Exchange Act”), including notice and solicitation requirements;
•Clarify and streamline provisions relating to directors and officers, including to: (i) remove language regarding “advisory directors,” (ii) simplify the job description and duties of the Company’s officers, and (iii) make other conforming changes; and
•Make certain other immaterial updates and conforming, ministerial, or technical changes, including to align with Delaware law.
The foregoing description does not purport to be complete and is qualified in its entirety by reference to the Bylaws, a copy of which is attached hereto as Exhibit 3.1 and is incorporated herein by reference.
Item 8.01 Other Events.
Advance Notice Deadline for Director Nominations and Other Stockholder Proposals
As a result of the amendments to the Bylaws, made on November 12, 2025 and described in Item 5.03 above, a shareholder may nominate an individual for election as a director or bring other business before the 2026 Annual Meeting of Shareholders (other than proposals governed by Rule 14a-8)(the “Annual Meeting”) only by providing written notice to the Company, in the required form, on or after January 15, 2026, and no later than February 14, 2026, to the Company’s Corporate Secretary at CBIZ, Inc., 5959 Rockside Woods Blvd. N., Suite 600, Independence Ohio 44131, Attention: Corporate Secretary. Such notices must also comply with the requirements of the Bylaws and other applicable law, and no director nomination or shareholder proposal may be presented at the Annual Meeting otherwise.
In addition to satisfying the advance notice requirements under the Bylaws, to comply with the universal proxy rules, shareholders who intend to solicit proxies in support of director nominees other than the Company’s nominees must also provide notice that sets forth the information required by Rule 14a-19 under the Exchange Act as of the date of any notice of a director nominations for the Annual Meeting.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibit No. | Description | ||||
| 3.1 | |||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | ||||
SIGNATURES:
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: November 17, 2025
CBIZ, Inc.
| By: | /s/ Jaileah X. Huddleston | |||||||
| Name: | Jaileah X. Huddleston | |||||||
| Title: | Senior Vice President, Chief Legal Officer, and Corporate Secretary | |||||||