Consensus Cloud (NASDAQ: CCSI) CLO vests PSUs and boosts direct share stake
Rhea-AI Filing Summary
Consensus Cloud Solutions Chief Legal Officer Vithya Aubee reported compensation-related equity activity involving performance stock units (PSUs). On June 25, 2026, PSUs vested and were exercised into a total of 9,864 shares of common stock, while 5,981 shares were withheld to cover tax liabilities.
The vesting reflected achievement of stock price performance conditions from PSU grants made on December 7, 2023 and December 6, 2024. These conditions required the company’s common stock to close at or above $31.06 and $30.44, respectively, for at least 20% trading days within a 30‑day period and for each grant to reach its first anniversary. After the transactions, Aubee directly holds 74,431 shares of common stock.
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Insights
Routine PSU vesting and tax withholding with a net increase in shares held.
The filing shows Vithya Aubee exercising performance stock units (PSUs) into 9,864 common shares and having 5,981 shares withheld to satisfy tax obligations. This is a standard equity compensation event rather than an open‑market trade.
The footnotes explain that the PSUs vested after the stock met performance hurdles of $31.06 and $30.44 for at least twenty of thirty consecutive trading days and after each grant’s first anniversary. Following these transactions, Aubee directly holds 74,431 common shares, indicating a net increase in ownership and no discretionary selling activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 3,500 | $0.00 | -- |
| Exercise | Performance Stock Unit | 6,364 | $0.00 | -- |
| Exercise | Common Stock | 3,500 | $0.00 | -- |
| Exercise | Common Stock | 6,364 | $35.03 | $223K |
| Tax Withholding | Common Stock | 5,981 | $3,503.00 | $20.95M |
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 third 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 $31.06 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. This vesting event signifies the achievement of the fourth 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 $30.44 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.