Consensus Cloud (NASDAQ: CCSI) CTO vests PSUs and withholds shares for tax

Rhea-AI Filing Summary

Consensus Cloud Solutions Chief Technology Officer Jeffrey Alan Sullivan exercised performance stock units that had vested into 8,237 shares of common stock. These units vested after the company’s stock closed at or above $27.61 for at least 20 of 30 consecutive trading days and the grant reached its first anniversary. To cover related tax obligations, 4,026 shares were withheld at $30.05 per share, a non‑market tax payment rather than an open‑market sale. Following these transactions, Sullivan directly holds 104,975 shares of common stock and 16,473 performance stock units, reflecting routine compensation-related equity activity.

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

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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)
03/13/2026

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	03/13/2026		M		8,237	A	$0	109,001	D
Common Stock	03/13/2026		F(1)		4,026	D	$30.05	104,975	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	03/13/2026		M			8,237	(2)	(2)	Common Stock $0.01 Pare Value	8,237	$0	16,473	D

Explanation of Responses:

1. Payment for a tax liability by withholding securities incident to vesting of a certain Performance Stock Unit.

2. 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.

Remarks:

	/s/ Vithya Aubee, Attorney-in-Fact	03/17/2026
	** 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).
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FAQ

What insider transaction did CCSI CTO Jeffrey Alan Sullivan report?

Sullivan reported exercising performance stock units into 8,237 shares of Consensus Cloud Solutions common stock. These units vested after stock price performance conditions were met and the grant’s first anniversary passed, representing routine compensation-related equity activity rather than an open-market purchase.

How many Consensus Cloud Solutions shares does Jeffrey Alan Sullivan now hold?

After the reported transactions, Sullivan directly holds 104,975 shares of Consensus Cloud Solutions common stock. He also holds 16,473 performance stock units, each representing a contingent right to receive one share, providing additional potential future equity if remaining conditions are achieved.

Why were 4,026 CCSI shares withheld in Jeffrey Alan Sullivan’s Form 4?

The 4,026 Consensus Cloud Solutions shares were withheld to pay tax liabilities related to the vesting of performance stock units. This is classified as a tax-withholding disposition, not an open-market sale, and is a standard mechanism for covering taxes on equity compensation.

What performance condition triggered Sullivan’s CCSI performance stock unit vesting?

The vesting was triggered when Consensus Cloud Solutions’ common stock closed at or above $27.61 for at least twenty trading days within a thirty-day consecutive period, and the grant reached its first anniversary, satisfying the second of four stock price performance conditions tied to the December 6, 2024 grant.

What are the terms of Jeffrey Alan Sullivan’s performance stock units at CCSI?

Each performance stock unit represents a contingent right to receive one share of Consensus Cloud Solutions common stock. Vesting depends on specified stock price performance conditions and time-based milestones, such as the stock trading at or above $27.61 and the grant reaching its first anniversary.