Consensus Cloud (CCSI) CFO vests and exercises 5,053 PSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Consensus Cloud Solutions, Inc. Chief Financial Officer James C. Malone exercised performance stock units that vested upon meeting stock price targets. On March 13, 2026, 5,053 PSUs converted into 5,053 shares of common stock at an exercise price of $0.00 per share.
The vesting reflects achievement of the second of four stock price performance conditions from a December 6, 2024 PSU grant. The condition required the stock to close at or above $27.61 for at least 20 trading days within 30 consecutive trading days and for the grant to reach its first anniversary. After this transaction, Malone directly holds 163,834 shares of common stock and 10,106 performance stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,053 shares exercised/converted
Mixed
2 txns
Insider
MALONE JAMES C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 5,053 | $0.00 | -- |
| Exercise | Common Stock | 5,053 | $30.05 | $152K |
Holdings After Transaction:
Performance Stock Unit — 10,106 shares (Direct);
Common Stock — 163,834 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CCSI CFO James Malone report on this Form 4?
James Malone reported exercising 5,053 performance stock units into 5,053 shares of Consensus Cloud Solutions common stock. The exercise occurred on March 13, 2026, and reflects vesting tied to previously established stock price performance conditions from a December 6, 2024 grant.
What performance condition triggered James Malone’s 5,053 PSU vesting at CCSI?
Vesting occurred when Consensus Cloud’s common stock closed at or above $27.61 for at least 20 trading days within a 30-day period and the grant reached its first anniversary. Meeting this second of four performance conditions released 5,053 performance stock units into common shares.
What are performance stock units (PSUs) in the context of CCSI’s compensation plan?
At Consensus Cloud, each performance stock unit represents a contingent right to receive one share of common stock. PSUs vest only when specified stock price or time-based conditions are met, aligning executive compensation with share price performance and long-term shareholder outcomes.