CCSI CLO exercises PSUs; shares withheld for tax
Consensus Cloud Solutions Chief Legal Officer Vithya Aubee exercised performance stock units that vested upon meeting a stock-price target and time condition.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 6,365 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,365 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,111 | $30.05 | $93K |
Footnotes (2)
- F1. Payment for a tax liability by withholding securities incident to vesting of a certain Performance Stock Unit.
- F2. 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
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What insider transaction did Consensus Cloud Solutions (CCSI) report for Vithya Aubee?
What triggered the vesting of Vithya Aubee’s performance stock units at Consensus Cloud Solutions (CCSI)?
Was Vithya Aubee’s Form 4 transaction in Consensus Cloud Solutions (CCSI) an open-market sale?
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