Consensus Cloud Solutions (CCSI) CRO sees 172-share tax withholding event
Rhea-AI Filing Summary
Consensus Cloud Solutions Chief Revenue Officer & EVP Johannes Rolf Peter Hecker had 172 shares of Common Stock withheld on a tax basis at $34.00 per share. This disposition covered a tax liability triggered by the vesting of a Restricted Stock Unit. After this withholding, he directly holds 99,874 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 172 shares
Net Sell
1 txn
Insider
Hecker Johannes Rolf Peter
Role
Chief Revenue Officer & EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 172 | $34.00 | $6K |
Holdings After Transaction:
Common Stock — 99,874 shares (Direct)
Footnotes (1)
- F1. Payment for a tax liability by withholding securities incident to vesting of a certain Restricted Stock Unit.
Key Figures
Tax-withheld shares: 172 shares
Withholding price: $34.00 per share
Shares held after transaction: 99,874 shares
+1 more
4 metrics
Tax-withheld shares
172 shares
Common Stock withheld to cover tax liability on RSU vesting
Withholding price
$34.00 per share
Price used for 172-share tax-withholding disposition
Shares held after transaction
99,874 shares
Direct Common Stock holdings after tax withholding
Tax-withholding transactions
1 transaction, 172 shares
Summary of tax-withholding dispositions in this Form 4
Key Terms
Restricted Stock Unit, tax liability, withholding securities
3 terms
Restricted Stock Unit financial
"vesting of a certain Restricted Stock Unit"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax liability financial
"Payment for a tax liability by withholding securities"
withholding securities financial
"Payment for a tax liability by withholding securities incident to vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Consensus Cloud Solutions (CCSI) report in this Form 4 filing?
Consensus Cloud Solutions reported that executive Johannes Rolf Peter Hecker had 172 Common Stock shares withheld for tax purposes at $34.00 per share. The withholding was tied to the vesting of a Restricted Stock Unit award.
Who is the insider involved in the latest CCSI Form 4 transaction?
The insider is Johannes Rolf Peter Hecker, Chief Revenue Officer & EVP of Consensus Cloud Solutions. He reported a tax-related disposition where 172 Common Stock shares were withheld following the vesting of a Restricted Stock Unit.
What is the nature of the CCSI Form 4 tax-withholding disposition?
The filing describes payment for a tax liability by withholding securities when a Restricted Stock Unit vested. Instead of selling shares in the market, 172 shares of Common Stock were retained by the issuer at $34.00 per share.