Consensus Cloud (CCSI) CTO converts 5,000 PSUs after price hurdle

Rhea-AI Filing Summary

Insider transaction summary: The Chief Technology Officer, Jeffrey Alan Sullivan, reported transactions in the company's common stock on 10/03/2025. A performance-based vesting event converted 5,000 performance stock units into 5,000 shares after the share price closed at or above $26.88 for the required trading days. Following the transactions, Sullivan beneficially owned 73,444 shares.

The Form 4 also shows a separate disposition of 1,789 shares sold at $27.81 on the same date. The vesting reflects the first of four PSU performance conditions from a 12/07/2023 grant, where each PSU converts to one share when performance hurdles are met.

Positive

• Performance PSU vesting occurred, converting 5,000 PSUs to shares after the price hurdle was met
• Insider retains substantial ownership with 73,444 shares beneficially owned after transactions

Negative

• Insider sold 1,789 shares at $27.81, reducing immediate holdings
• Vesting tied to stock price creates potential future dilution if remaining tranches vest

Insights

Compensation & Equity Plan Analyst

Vesting triggered by stock-price hurdle; shows tie of pay to market performance.

The reported conversion of 5,000 performance stock units to shares indicates the company met the first of four price-based vesting conditions tied to the 12/07/2023 PSU grant. Each PSU converts one-for-one to common stock after the stock closed at or above $26.88 for the required trading window.

This event increases outstanding common shares by 5,000 for the reporting person and signals that future tranche vesting depends on repeated price performance; monitor subsequent vesting windows and total dilution from all tranches over the next performance periods.

Insider Trading & Liquidity Specialist

Simultaneous sale and vesting adjusts insider holdings and converts compensation to liquid value.

The filing shows a sale of 1,789 shares at $27.81, reducing owned shares after the conversion event; the reporter still holds 73,444 shares post-transactions. The sale may represent routine monetization of vested awards or tax-related selling following vesting.

Watch trading around future vesting dates for similar disposition patterns and track aggregated insider sales to assess potential liquidity pressure in the near term.

SEC Form 4

FORM 4

UNITED 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^*

Sullivan Jeffrey Alan

(Last) (First) (Middle)

C/O CONSENSUS CLOUD SOLUTIONS, INC.

700 S. FLOWER STREET, 15TH FLOOR

(Street)

LOS ANGELES CA 90017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Consensus Cloud Solutions, Inc. [ CCSI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/03/2025		M		5,000	A	$0	75,233	D
Common Stock	10/03/2025		F		1,789	D	$27.81	73,444	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Unit	$0	10/03/2025		M			5,000	(1)	(1)	Common Stock $0.01 Par Value	5,000	$0	15,000	D

Explanation of Responses:

1. This vesting event signifies the achievement of the first 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 $26.88 for at least twenty (20) trading days within a period of thirty (30) consecutive trading days. Each PSU represents a contingent right to receive one share of the Company's common stock.

Remarks:

	/s/ Vithya Aubee, Attorney-in-Fact	10/07/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did CCSI insider Jeffrey Sullivan report on Form 4?

The report discloses a vesting conversion of 5,000 performance stock units into shares and a sale of 1,789 shares at $27.81 on 10/03/2025.

Why did the 5,000 PSUs vest for CCSI on 10/03/2025?

The vesting triggered because the company's common stock closed at or above $26.88 for at least twenty trading days within a 30-consecutive-day period, meeting the first performance condition from the 12/07/2023 grant.

How many shares does the reporting person own after these transactions?

After the reported transactions, the reporting person beneficially owns 73,444 shares.

Does the Form 4 indicate ongoing performance-based vesting?

Yes. This was the first of four stock-price performance conditions for the December 7, 2023 PSU grant; additional tranches remain subject to similar price hurdles.

Was the 1,789-share transaction a sale or disposition?

Yes. The filing lists the 1,789 shares with transaction code F, indicating a disposition at $27.81.