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Consensus Cloud (NASDAQ: CCSI) CTO uses shares to pay taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Consensus Cloud Solutions, Inc. Chief Technology Officer Jeffrey Alan Sullivan reported routine share dispositions related to tax withholding on vested equity awards. On June 6 and 7, a total of 2,374 shares of common stock were withheld at $33.50 per share to cover tax liabilities from Restricted Stock Unit vesting.

These Form 4 transactions, coded "F," reflect payment of tax obligations by delivering securities rather than open-market sales. After these dispositions, Sullivan directly holds 102,265 shares of Consensus Cloud Solutions common stock.

Positive

  • None.

Negative

  • None.
Insider Sullivan Jeffrey Alan
Role Chief Technology Officer
Type Security Shares Price Value
Tax Withholding Common Stock 897 $33.50 $30K
Tax Withholding Common Stock 1,477 $33.50 $49K
Holdings After Transaction: Common Stock — 102,265 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax-withholding shares June 7 897 shares Common Stock withheld at $33.50 for tax liability
Tax-withholding shares June 6 1,477 shares Common Stock withheld at $33.50 for tax liability
Total tax-withholding shares 2,374 shares Combined June 6–7 Form 4 code F transactions
Price per share $33.50 per share Valuation used for tax-withholding dispositions
Shares held after transactions 102,265 shares Direct ownership following reported dispositions
Restricted Stock Unit financial
"Payment for a tax liability by withholding securities incident to vesting of a certain Restricted Stock Unit."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
beneficial ownership financial
"transactionSummary includes exerciseCount/exerciseShares for derivative exercises (M/C/X), giftCount/giftShares for gift dispositions (G), taxWithholdingCount/taxWithholdingShares for tax withholding (F), restructuringCount/restructuringShares for entity restructuring (J/K/W/Z), and derivativeTransactionCount for all derivative-type records"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
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SEC Form 4
FORM 4UNITED 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 CALIFORNIA 90017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Consensus Cloud Solutions, Inc. [ CCSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/06/2026F(1)1,477D$33.5103,162D
Common Stock06/07/2026F(1)897D$33.5102,265D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Payment for a tax liability by withholding securities incident to vesting of a certain Restricted Stock Unit.
Remarks:
/s/ Vithya Aubee, Attorney-in-Fact06/09/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CCSI CTO Jeffrey Sullivan report?

Jeffrey Sullivan reported dispositions of Consensus Cloud Solutions common stock to cover tax liabilities. A total of 2,374 shares were withheld in connection with Restricted Stock Unit vesting, reflected as Form 4 code "F" transactions rather than open-market sales.

How many CCSI shares were used for Jeffrey Sullivan’s tax withholding?

A total of 2,374 Consensus Cloud Solutions shares were used for tax withholding. The transactions involved 897 shares on June 7 and 1,477 shares on June 6, both priced at $33.50 per share in connection with Restricted Stock Unit vesting.

Were Jeffrey Sullivan’s CCSI Form 4 transactions open-market sales?

No, the transactions were not open-market sales. They were Form 4 code "F" dispositions, meaning shares were withheld by the company to pay tax liabilities arising from Restricted Stock Unit vesting, according to the filing’s transaction description and footnote.

How many CCSI shares does Jeffrey Sullivan hold after these transactions?

After the reported tax-withholding dispositions, Jeffrey Sullivan directly holds 102,265 shares of Consensus Cloud Solutions common stock. This post-transaction share count is disclosed in the Form 4 and reflects his remaining direct ownership position.

What price per share was used in the CCSI tax-withholding transactions?

The Consensus Cloud Solutions shares used for tax withholding were valued at $33.50 per share. Both the 897-share and 1,477-share dispositions used this price, as specified in the Form 4 transaction details for June 6 and June 7.

What does Form 4 transaction code "F" mean for CCSI insiders?

Form 4 code "F" indicates payment of an exercise price or tax liability by delivering securities. For Consensus Cloud Solutions, it shows the insider satisfied tax obligations on vested Restricted Stock Units by having shares withheld instead of selling them in the open market.