CCSI CFO exercises PSUs, 41,870 shares held
Consensus Cloud Solutions Chief Financial Officer Adam Varon reported routine equity-compensation activity involving performance stock units.
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Rhea-AI Filing Summary
Consensus Cloud Solutions Chief Financial Officer Adam Varon reported routine equity-compensation activity involving performance stock units. On June 16 and 17, 2026, he exercised derivatives to acquire a total of 2,872 shares of common stock and had 1,201 shares withheld to cover tax liabilities, at prices of $34.72 and $34.19 per share for the withholding transactions. Following these events, he directly holds 41,870 shares of common stock. The vesting events reflect the achievement of the second and third stock price performance conditions from PSU grants made on December 7, 2023, and December 6, 2024, which required the stock to close at or above $28.89 and $28.99, respectively, for at least twenty trading days within thirty consecutive trading days and for each grant to reach its first anniversary.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 1,622 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,622 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 678 | $34.19 | $23K |
| Exercise | Performance Stock Unit | 1,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 523 | $34.72 | $18K |
Footnotes (3)
- F1. Payment for a tax liability by withholding securities incident to vesting of a certain Performance Stock Unit.
- F2. 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 7, 2023. The condition was met when the Company's common stock closed at or above $28.89 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.
- F3. 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 6, 2024. The condition was met when the Company's common stock closed at or above $28.99 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.
Key Figures
Key Terms
Performance Stock Unit financial
tax-withholding disposition financial
derivative exercise/conversion financial
stock price performance conditions financial
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.