CCSI CRO reports 5,000 PSU vesting after $26.88 threshold met
Rhea-AI Filing Summary
Consensus Cloud Solutions, Inc. insider Johannes Hecker, the Chief Revenue Officer & EVP, reported two transactions on 10/03/2025. 5,000 performance stock units vested after the company's common stock closed at or above $26.88 for the required 20 trading days within a 30-day window; each PSU converts to one share. The filing also shows a disposition of 1,789 shares at a price of $27.81. Following these entries, the reporting person beneficially owns 64,786 shares of common stock and holds 15,000 PSUs (performance stock units) that remain outstanding. The vesting reflects the first of four performance-based milestones tied to the December 7, 2023 PSU grant and signals that one performance threshold has been met.
Positive
- 5,000 PSUs vested after the stock closed at or above $26.88 for the required period, showing a performance milestone was met
- Alignment with shareholders increased as contingent units converted to common stock, strengthening executive equity stake
Negative
- Disposition of 1,789 shares at $27.81 reduced immediate insider holdings
- Majority of PSUs still outstanding (15,000 remain), so further dilution or vesting outcomes could occur
Insights
Insider vesting shows performance metric met; modest sale followed.
The reported 5,000 vested performance stock units reflect the attainment of the first of four price-based milestones tied to a 12/07/2023 grant, indicating the company's share price reached $26.88 for the required period. This increases the executive's potential long-term equity stake by converting contingent units into common stock.
The disposition of 1,789 shares at $27.81 reduces the executive's immediate share count but is small relative to total holdings. Monitor subsequent filings for additional vesting events or sales within the multi-tranche PSU schedule over the next performance periods.
Vesting confirms a plan milestone; remaining PSUs retain contingent value.
The PSU vesting was triggered by a clearly defined market-price condition, converting 5,000 contingent units to shares and leaving 15,000 PSUs outstanding after the transaction. Each PSU equals one share if future performance conditions are met.
Key dependencies include future share-price performance across the remaining tranches and any company-level events that could affect stock price. Expect further disclosures if additional tranches vest or if shares from vested PSUs are sold in the near term.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 5,000 | $0.00 | -- |
| Exercise | Common Stock | 5,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,789 | $27.81 | $50K |
Footnotes (1)
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FAQ
What did Consensus Cloud (CCSI) insider Johannes Hecker report on 10/03/2025?
Why did 5,000 PSUs vest for CCSI?
Are there additional PSU performance milestones remaining?