Consensus Cloud (CCSI) Officer Withholds 225 Shares to Cover RSU Taxes
Rhea-AI Filing Summary
Insider stock withholding to cover taxes reduced holdings slightly. Chief Revenue Officer & EVP Johannes R. P. Hecker reported a transaction on 08/22/2025 where 225 shares of Consensus Cloud Solutions, Inc. (CCSI) common stock were disposed of at an effective price of $26.84 per share under code F(1). The filing explains the sale was the payment of tax withholding related to vesting Restricted Stock Units. After the withholding, the reporting person beneficially owns 61,575 shares directly. The form was signed by an attorney-in-fact on 08/26/2025.
Positive
- Continued direct ownership of 61,575 shares after the transaction
- Transaction identified as tax withholding related to vested RSUs, indicating compensation-related disposition rather than a discretionary sale
Negative
- Disposition of 225 shares at $26.84 reduced insider holdings (though the amount is small)
Insights
TL;DR: Small, routine insider tax withholding; not a material signal about company fundamentals.
The reported 225-share disposition at $26.84 was executed to satisfy a tax liability from RSU vesting, per the filing. The post-transaction direct ownership of 61,575 shares indicates continued insider alignment with shareholders. The transaction size is de minimis relative to typical outstanding shares and the filing provides no indication of further sales or change in executive role.
TL;DR: Filing documents a standard tax-withholding disposal consistent with equity compensation practice.
The use of code F(1) and the explanatory note confirm this was securities withheld to cover taxes on vested RSUs rather than an open-market sale. The reporting relationship is disclosed (Officer, Chief Revenue Officer & EVP) and the form is properly signed by an attorney-in-fact. No governance or compliance concerns are evident from the disclosure alone.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 225 | $26.84 | $6K |
Footnotes (1)
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FAQ
What did the Form 4 filed for CCSI disclose?
Does the Form 4 indicate a change in the executive's role at CCSI?
Who signed the Form 4 and when was it signed?