CCSI executive exercises 8,985 PSUs, withholds shares
Consensus Cloud Solutions Chief Revenue Officer & EVP Johannes Rolf Peter Hecker exercised performance stock units and settled related taxes in shares.
Rhea-AI Filing Summary
Consensus Cloud Solutions Chief Revenue Officer & EVP Johannes Rolf Peter Hecker exercised performance stock units and settled related taxes in shares. On March 13, 2026, he exercised 8,985 Performance Stock Units, converting them into 8,985 shares of Common Stock at a stated price of $0.00 per share.
To cover tax liabilities from this vesting, 4,391 Common Stock shares were withheld at an indicated value of $30.05 per share, a non‑market, tax-withholding disposition rather than an open-market sale. Following these transactions, he directly holds 100,046 shares of Common Stock and 17,971 Performance Stock Units, reflecting a routine compensation-related vesting tied to stock price performance conditions.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 8,985 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,985 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,391 | $30.05 | $132K |
Footnotes (2)
- 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 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.
FAQ
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What insider transactions did CCSI executive Johannes Hecker report on this Form 4?
What triggered the vesting of Performance Stock Units for CCSI executive Johannes Hecker?
What type of security did CCSI’s Performance Stock Units convert into for Johannes Hecker?
Does this CCSI Form 4 indicate any remaining derivative holdings for Johannes Hecker?
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