CCSI CLO exercises PSUs; shares withheld for taxes
Consensus Cloud Solutions Chief Legal Officer Vithya Aubee reported routine equity compensation activity tied to performance stock units (PSUs).
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Form Type
4
Rhea-AI Filing Summary
Consensus Cloud Solutions Chief Legal Officer Vithya Aubee reported routine equity compensation activity tied to performance stock units (PSUs). On June 16 and 17, 2026, Aubee exercised PSUs covering 3,500 and 6,365 units, each PSU converting into one share of common stock.
To cover tax liabilities on these vestings, the company withheld 1,710 and 3,111 common shares, classified as tax-withholding dispositions rather than market sales. Following these transactions, Aubee directly holds 70,548 shares of common stock.
The PSUs vested after stock price performance conditions were achieved, including the stock closing at or above $28.89 and $28.99 for at least twenty out of thirty consecutive trading days and reaching the one-year anniversary of the original grants.
Insider Trade Summary
9,865 shares exercised/converted
Exercise
6 txns
Insider
Aubee Vithya
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 6,365 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,365 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,111 | $34.19 | $106K |
| Exercise | Performance Stock Unit | 3,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,710 | $34.72 | $59K |
Holdings After Transaction:
Performance Stock Unit — 13,364 contracts (Direct);
Common Stock — 70,548 shares (Direct)
Footnotes (3)
- F1. Payment for a tax liability by withholding securities incident to vesting of a certain Performance Stock Unit.
- F2. This vesting event signifies the achievement of the second of four stock price performance conditions associated with a grant of performance share units ("PSUs") made on December 7, 2023. The condition was met when the Company's common stock closed at or above $28.89 for at least twenty (20) trading days within a period of thirty (30) consecutive trading days and the grant reached its first anniversary. Each PSU represents a contingent right to receive one share of the Company's common stock.
- F3. This vesting event signifies the achievement of the third of four stock price performance conditions associated with a grant of performance share units ("PSUs") made on December 6, 2024. The condition was met when the Company's common stock closed at or above $28.99 for at least twenty (20) trading days within a period of thirty (30) consecutive trading days and the grant reached its first anniversary. Each PSU represents a contingent right to receive one share of the Company's common stock.
Key Figures
PSUs exercised June 16, 2026: 3,500 units
PSUs exercised June 17, 2026: 6,365 units
Shares withheld for taxes June 16, 2026: 1,710 shares
+5 more
8 metrics
PSUs exercised June 16, 2026
3,500 units
Performance Stock Units converted into common stock
PSUs exercised June 17, 2026
6,365 units
Performance Stock Units converted into common stock
Shares withheld for taxes June 16, 2026
1,710 shares
Common stock withheld as tax-withholding disposition
Shares withheld for taxes June 17, 2026
3,111 shares
Common stock withheld as tax-withholding disposition
Post-transaction holdings
73,659 shares
Common stock held directly after June 17, 2026 transactions
Tax-withholding prices
$34.72 and $34.19 per share
Prices for common stock used in tax-withholding dispositions
Performance hurdle (2023 grant)
$28.89 stock price
Close at or above for 20 of 30 trading days
Performance hurdle (2024 grant)
$28.99 stock price
Close at or above for 20 of 30 trading days
Key Terms
Performance Stock Unit, tax-withholding disposition, stock price performance conditions, contingent right, +1 more
5 terms
Performance Stock Unit financial
"security_title": "Performance Stock Unit""
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
stock price performance conditions financial
"associated with a grant of performance share units ("PSUs") made on December 7, 2023. The condition was met when the Company's common stock closed"
contingent right financial
"Each PSU represents a contingent right to receive one share of the Company's common stock."
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CCSI Chief Legal Officer Vithya Aubee report?
Vithya Aubee reported PSU-related equity transactions, exercising 3,500 and 6,365 performance stock units into common shares. The company withheld 1,710 and 3,111 shares to cover taxes, and these are tax-withholding dispositions rather than open-market sales.
Were the CCSI insider transactions by Vithya Aubee open-market stock sales?
No, the dispositions reported are tax-withholding events, not open-market sales. Shares were withheld by the company to pay tax liabilities triggered by PSU vesting, which is a standard, non-market mechanism for handling equity compensation taxes.
What performance conditions triggered Vithya Aubee’s CCSI PSU vesting?
The PSUs vested after CCSI’s stock closed at or above $28.89 and $28.99, respectively, for at least twenty trading days within thirty consecutive trading days, and each grant reached its first anniversary, satisfying specified stock price performance conditions.
What types of securities were involved in Vithya Aubee’s CCSI Form 4 filing?
The filing shows transactions in performance stock units and the underlying common stock. PSUs granted in December 2023 and December 2024 converted into common shares upon meeting performance conditions, with some shares withheld for associated tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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