STOCK TITAN

[Form 4] Consensus Cloud Solutions, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

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.

Insider transaction summary: Il Chief Technology Officer, Jeffrey Alan Sullivan, ha riportato operazioni sulle azioni ordinarie dell'azienda in data 10/03/2025. Un evento di vesting basato sulle prestazioni ha convertito 5.000 unità di azioni di prestazione in 5.000 azioni dopo che il prezzo delle azioni ha chiuso a o al di sopra di $26.88 nei giorni di negoziazione richiesti. A seguito delle operazioni, Sullivan deteneva beneficiamente 73.444 azioni. Il Form 4 mostra anche una separata disposizione di 1.789 azioni vendute a $27.81 nello stesso giorno. Il vesting riflette la prima di quattro condizioni di performance PSU da una concessione del 12/07/2023, dove ogni PSU si converte in una sola azione quando i limiti di performance sono raggiunti.

Insider transaction summary: Resumen de operaciones de insiders: El Director de Tecnología, Jeffrey Alan Sullivan, informó operaciones con las acciones ordinarias de la empresa en la fecha 10/03/2025. Un evento de vesting basado en el rendimiento convirtió 5.000 unidades de acciones de rendimiento en 5.000 acciones después de que el precio de las acciones cerrara en o por encima de $26.88 durante los días de negociación requeridos. Después de las operaciones, Sullivan poseía beneficiosamente 73.444 acciones. El Form 4 también muestra una disposición separada de 1.789 acciones vendidas a $27.81 en la misma fecha. El vesting refleja la primera de cuatro condiciones de desempeño de PSU de una concesión del 12/07/2023, donde cada PSU se convierte en una acción cuando se cumplen los umbrales de desempeño.

내부자 거래 요약: 최고기술책임자 Jeffrey Alan Sullivan은 회사의 보통주에 대한 거래를 10/03/2025에 보고했습니다. 성과 기반 가속 vesting 이벤트로 5,000개의 성과 주식 단위가 5,000 주식으로 전환되었으며, 주가가 필요한 거래일 동안 $26.88 이상으로 마감되었습니다. 거래 후 Sullivan은 실질적으로 73,444주의 주식을 소유하게 되었습니다. Form 4에는 동일 날짜에 1,789주의 매각이 $27.81로 이루어진 별도의 처분이 나와 있습니다. 이 가속은 2023년 12월 7일 부여의 PSU 성과 조건 중 첫 번째를 반영하며, 각 PSU는 성과 장애물이 충족되면 주 하나로 환산됩니다.

Résumé des transactions d'initiés : Le CEO Technique, Jeffrey Alan Sullivan, a reporté des transactions sur les actions ordinaires de l'entreprise à la date du 10/03/2025. Un événement d'acquisition par vesting basé sur la performance a converti 5.000 unités d'actions de performance en 5.000 actions après que le cours de l'action a clôturé à ou au-dessus de $26.88 pendant les jours de négociation requises. Suite aux transactions, Sullivan détenait bénéficiairement 73.444 actions. Le Form 4 indique également une cession distincte de 1.789 actions vendues à $27.81 le même jour. Le vesting reflète la première de quatre conditions de performance PSU d'un don du 12/07/2023, où chaque PSU se convertit en une action lorsque les seuils de performance sont atteints.

Insider-Transaktionsübersicht: Der Chief Technology Officer, Jeffrey Alan Sullivan, meldete Transaktionen mit den Stammaktien des Unternehmens am 10/03/2025. Ein leistungsabhängiges Vesting-Ereignis hat 5.000 Leistungsaktieneinheiten in 5.000 Aktien umgewandelt, nachdem der Aktienkurs an den geforderten Handelstagen auf oder über $26.88 geschlossen hatte. Nach den Transaktionen hielt Sullivan wirtschaftlich 73.444 Aktien. Das Formular 4 zeigt außerdem eine separate Veräußerung von 1.789 Aktien, die am selben Datum zu $27.81 verkauft wurden. Das Vesting spiegelt die erste von vier PSU-Leistungsbedingungen aus einer Zuteilung vom 12/07/2023 wider, wobei jede PSU in eine Aktie umgewandelt wird, wenn Leistungsgrenzen erreicht sind.

ملخص صفقات داخلية: أبلغ رئيس التكنولوجيا Jeffrey Alan Sullivan عن معاملات في أسهم الشركة العادية في التاريخ 10/03/2025. حدث vesting قائم على الأداء حوَّل 5,000 وحدة أسهم أداء إلى 5,000 أسهم بعدما أغلق سعر السهم عند أو أعلى من $26.88 خلال أيام التداول المطلوبة. عقب المعاملات، امتلك Sullivan بشكل فعّال 73.444 أسهم. يظهر نموذج 4 أيضًا تصرفًا منفصلًا لـ 1,789 أسهم بيعها بسعر $27.81 في اليوم نفسه. يعكس vesting الشرط الأول من أربعة شروط أداء لـ PSU من منحة 12/07/2023، حيث تتحول كل PSU إلى سهم واحد عندما تتحقق عتبات الأداء.

内部交易概要: 首席技术官 Jeffrey Alan Sullivan10/03/2025 报告了本公司普通股的交易。一个基于业绩的归属事件将 5,000 个业绩股单位转换为 5,000 股,前提是股价在所需的交易日收盘时达到或高于 $26.88。交易完成后,Sullivan 实益持有 73,444 股。表格4 还显示在同一日以 $27.81 出售的 1,789 股的单独处置。该归属反映来自 12/07/2023 授予的 PSU 绩效条件中的第一项,任何 PSU 在达到绩效门槛时将换成一股。

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

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.

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.

Insider transaction summary: Il Chief Technology Officer, Jeffrey Alan Sullivan, ha riportato operazioni sulle azioni ordinarie dell'azienda in data 10/03/2025. Un evento di vesting basato sulle prestazioni ha convertito 5.000 unità di azioni di prestazione in 5.000 azioni dopo che il prezzo delle azioni ha chiuso a o al di sopra di $26.88 nei giorni di negoziazione richiesti. A seguito delle operazioni, Sullivan deteneva beneficiamente 73.444 azioni. Il Form 4 mostra anche una separata disposizione di 1.789 azioni vendute a $27.81 nello stesso giorno. Il vesting riflette la prima di quattro condizioni di performance PSU da una concessione del 12/07/2023, dove ogni PSU si converte in una sola azione quando i limiti di performance sono raggiunti.

Insider transaction summary: Resumen de operaciones de insiders: El Director de Tecnología, Jeffrey Alan Sullivan, informó operaciones con las acciones ordinarias de la empresa en la fecha 10/03/2025. Un evento de vesting basado en el rendimiento convirtió 5.000 unidades de acciones de rendimiento en 5.000 acciones después de que el precio de las acciones cerrara en o por encima de $26.88 durante los días de negociación requeridos. Después de las operaciones, Sullivan poseía beneficiosamente 73.444 acciones. El Form 4 también muestra una disposición separada de 1.789 acciones vendidas a $27.81 en la misma fecha. El vesting refleja la primera de cuatro condiciones de desempeño de PSU de una concesión del 12/07/2023, donde cada PSU se convierte en una acción cuando se cumplen los umbrales de desempeño.

내부자 거래 요약: 최고기술책임자 Jeffrey Alan Sullivan은 회사의 보통주에 대한 거래를 10/03/2025에 보고했습니다. 성과 기반 가속 vesting 이벤트로 5,000개의 성과 주식 단위가 5,000 주식으로 전환되었으며, 주가가 필요한 거래일 동안 $26.88 이상으로 마감되었습니다. 거래 후 Sullivan은 실질적으로 73,444주의 주식을 소유하게 되었습니다. Form 4에는 동일 날짜에 1,789주의 매각이 $27.81로 이루어진 별도의 처분이 나와 있습니다. 이 가속은 2023년 12월 7일 부여의 PSU 성과 조건 중 첫 번째를 반영하며, 각 PSU는 성과 장애물이 충족되면 주 하나로 환산됩니다.

Résumé des transactions d'initiés : Le CEO Technique, Jeffrey Alan Sullivan, a reporté des transactions sur les actions ordinaires de l'entreprise à la date du 10/03/2025. Un événement d'acquisition par vesting basé sur la performance a converti 5.000 unités d'actions de performance en 5.000 actions après que le cours de l'action a clôturé à ou au-dessus de $26.88 pendant les jours de négociation requises. Suite aux transactions, Sullivan détenait bénéficiairement 73.444 actions. Le Form 4 indique également une cession distincte de 1.789 actions vendues à $27.81 le même jour. Le vesting reflète la première de quatre conditions de performance PSU d'un don du 12/07/2023, où chaque PSU se convertit en une action lorsque les seuils de performance sont atteints.

Insider-Transaktionsübersicht: Der Chief Technology Officer, Jeffrey Alan Sullivan, meldete Transaktionen mit den Stammaktien des Unternehmens am 10/03/2025. Ein leistungsabhängiges Vesting-Ereignis hat 5.000 Leistungsaktieneinheiten in 5.000 Aktien umgewandelt, nachdem der Aktienkurs an den geforderten Handelstagen auf oder über $26.88 geschlossen hatte. Nach den Transaktionen hielt Sullivan wirtschaftlich 73.444 Aktien. Das Formular 4 zeigt außerdem eine separate Veräußerung von 1.789 Aktien, die am selben Datum zu $27.81 verkauft wurden. Das Vesting spiegelt die erste von vier PSU-Leistungsbedingungen aus einer Zuteilung vom 12/07/2023 wider, wobei jede PSU in eine Aktie umgewandelt wird, wenn Leistungsgrenzen erreicht sind.

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.
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