Consensus Cloud Solutions (CCSI) CLO exercises PSUs, nets 3,254 new shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Consensus Cloud Solutions Chief Legal Officer Vithya Aubee exercised performance stock units that vested upon meeting a stock-price target and time condition. On March 13, 2026, 6,365 performance stock units converted into 6,365 shares of common stock, reflecting achievement of the second of four stock price performance conditions from a grant made on December 6, 2024.
To cover related tax obligations, 3,111 common shares were withheld at a price of $30.05 per share, a non-market tax-withholding disposition. Following these transactions, Aubee directly held 68,194 shares of common stock. The filing does not list any remaining derivative positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,365 shares exercised/converted
Mixed
3 txns
Insider
Aubee Vithya
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 6,365 | $0.00 | -- |
| Exercise | Common Stock | 6,365 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,111 | $30.05 | $93K |
Holdings After Transaction:
Performance Stock Unit — 10,106 shares (Direct);
Common Stock — 71,305 shares (Direct)
Footnotes (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 second 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 $27.61 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.
FAQ
What insider transaction did Consensus Cloud Solutions (CCSI) report for Vithya Aubee?
Vithya Aubee exercised performance stock units into common shares. On March 13, 2026, 6,365 performance stock units converted into 6,365 shares of Consensus Cloud Solutions common stock after stock-price and time-based performance conditions were achieved.
What triggered the vesting of Vithya Aubee’s performance stock units at Consensus Cloud Solutions (CCSI)?
The vesting was triggered by meeting a stock-price hurdle and time requirement. The company’s common stock closed at or above $27.61 for at least 20 trading days within 30 consecutive days, and the grant passed its first anniversary.
Was Vithya Aubee’s Form 4 transaction in Consensus Cloud Solutions (CCSI) an open-market sale?
No, the disposition was tax withholding, not an open-market sale. The 3,111 common shares were withheld by the company to satisfy tax liabilities associated with the vesting and conversion of performance stock units.