Consensus Cloud CEO uses shares for tax withholding
Consensus Cloud Solutions CEO R. Scott Turicchi reported an insider transaction mainly reflecting tax withholding, not an open-market sale.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Consensus Cloud Solutions CEO R. Scott Turicchi reported an insider transaction mainly reflecting tax withholding, not an open-market sale. On the non-derivative line, 3,816 shares of Common Stock were withheld at $34.66 per share to cover taxes on vesting of a Restricted Stock Unit, as described in the footnote.
After this tax-withholding disposition, Turicchi directly holds 283,744 shares of Common Stock. A separate holding entry shows 5,757 shares held indirectly through the Turicchi Family Foundation. The filing shows a routine compensation-related event rather than a discretionary trade in the open market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,816 | $34.66 | $132K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Payment for a tax liability by withholding securities incident to vesting of a certain Restricted Stock Unit.
Key Figures
Key Terms
Restricted Stock Unit financial
tax-withholding disposition financial
indirect ownership financial
FAQ
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What insider transaction did CCSI CEO R. Scott Turicchi report?
Was the CCSI CEO’s Form 4 transaction an open-market stock sale?
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