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Consensus Cloud (NASDAQ: CCSI) officer vests performance units, withholds shares for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Consensus Cloud Solutions Chief Accounting Officer Karel Krulich reported routine equity compensation activity. He exercised 900 Performance Stock Units into common stock at a conversion price of $0.00 per share, then had 336 shares withheld to cover tax obligations related to the vesting. This sequence resulted from meeting a stock price performance condition tied to PSUs granted on December 7, 2023, where the company’s common stock had to close at or above $33.39 for at least twenty trading days within a thirty-day period and reach the grant’s first anniversary. The transactions were not open-market purchases or sales but mechanics of a performance-based equity award and associated tax withholding.

Positive

  • None.

Negative

  • None.
Insider Krulich Karel
Role Chief Accounting Officer
Type Security Shares Price Value
Exercise Performance Stock Unit 900 $0.00 --
Exercise Common Stock 900 $0.00 --
Tax Withholding Common Stock 336 $38.26 $13K
Holdings After Transaction: Performance Stock Unit — 0 shares (Direct, null); Common Stock — 41,701 shares (Direct, null)
Footnotes (1)
  1. Payment for a tax liability by withholding securities incident to vesting of a certain Performance Stock Unit. This vesting event signifies the achievement of the fourth 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 $33.39 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.
Performance Stock Units exercised 900 shares PSUs converted into common stock on 2026-06-29
Shares withheld for taxes 336 shares Tax-withholding disposition on 2026-06-29
PSU conversion price $0.00 per share Conversion of Performance Stock Units into common stock
Stock price condition $33.39 per share Required closing price for 20 of 30 trading days
Trading day requirement 20 trading days Within 30 consecutive trading days at or above $33.39
Performance Stock Unit financial
"The vesting event signifies the achievement of the fourth of four stock price performance conditions associated with a grant of performance share units ("PSUs")"
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.
performance share units ("PSUs") financial
"associated with a grant of performance share units ("PSUs") made on December 7, 2023"
tax liability by withholding securities financial
"Payment for a tax liability by withholding securities incident to vesting of a certain Performance Stock Unit."
contingent right to receive one share financial
"Each PSU represents a contingent right to receive one share of the Company's common stock."
stock price performance conditions financial
"achievement of the fourth of four stock price performance conditions associated with a grant of performance share units"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Krulich Karel
(Last)(First)(Middle)
C/O CONSENSUS CLOUD SOLUTIONS, INC.
700 S. FLOWER STREET, 15TH FLOOR
(Street)
LOS ANGELES CALIFORNIA 90017
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Consensus Cloud Solutions, Inc. [ CCSI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/29/2026M900A$041,701D
Common Stock06/29/2026F(1)336D$38.2641,365D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Stock Unit$006/29/2026M900 (2) (2)Common Stock $0.01 Par Value900$00D
Explanation of Responses:
1. Payment for a tax liability by withholding securities incident to vesting of a certain Performance Stock Unit.
2. This vesting event signifies the achievement of the fourth 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 $33.39 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.
Remarks:
/s/ Vithya Aubee, Attorney-in-Fact07/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CCSI Chief Accounting Officer Karel Krulich report?

Karel Krulich reported equity award activity, not an open-market trade. He exercised 900 Performance Stock Units into common stock and had 336 shares withheld to satisfy tax liabilities connected to the vesting of those awards.

Did the CCSI insider buy or sell shares on the open market in this Form 4?

No open-market buying or selling occurred. The filing shows an exercise of 900 Performance Stock Units and a related tax-withholding disposition of 336 shares, both routine compensation-related transactions rather than discretionary market trades.

What performance condition triggered the vesting of CCSI performance stock units?

The vesting reflected achievement of the fourth stock price condition. The company’s common stock had to close at or above $33.39 for at least twenty trading days in a thirty-day period and the PSU grant had to reach its first anniversary.

How many CCSI shares were exercised and withheld for taxes in this Form 4?

The insider exercised 900 Performance Stock Units, each representing a right to one common share. Of those shares, 336 were withheld by the company to pay tax liabilities associated with the vesting event and award settlement.

What type of security did the CCSI Performance Stock Units convert into?

Each Performance Stock Unit represented a contingent right to receive one share of Consensus Cloud Solutions common stock. Upon vesting and exercise, 900 PSUs converted into 900 shares of common stock with a stated conversion price of $0.00 per share.