Consensus Cloud (NASDAQ: CCSI) CRO vests performance stock units and covers tax with 6.8K shares
Rhea-AI Filing Summary
Consensus Cloud Solutions Chief Revenue Officer & EVP Johannes Rolf Peter Hecker reported compensation-related stock activity involving performance stock units and associated tax withholding. On June 16–17, 2026, he exercised derivative awards to acquire a total of 13,986 shares of Common Stock, recorded at a transaction price of $0.00 per share as typical for PSU vesting.
To cover tax liabilities on these vestings, 6,836 shares of Common Stock were disposed of through tax-withholding transactions at prices of $34.72 and $34.19 per share, rather than open-market sales. Following these transactions, Hecker directly holds 107,681 shares of Common Stock. Footnotes indicate the vestings were triggered by stock price performance conditions on PSU grants from December 7, 2023 and December 6, 2024, and that each PSU represents a right to receive one share of Common Stock.
Positive
- None.
Negative
- None.
Insights
Routine PSU vesting with tax withholding; net equity position increases modestly.
The transactions show Johannes Rolf Peter Hecker exercising performance stock units into 13,986 shares of Consensus Cloud Solutions Common Stock while 6,836 shares were withheld to satisfy tax obligations. Code M and F combinations are typical for equity awards rather than discretionary market trades.
Because the F-code dispositions are payments of tax liabilities, they do not represent open-market sales and carry limited signaling value. After these events, Hecker’s direct holdings rise to 107,681 shares. The filing also notes that PSU vesting was contingent on the stock closing at or above approximately $28.89 and $28.99 for specified trading periods, underscoring that company stock performance met preset thresholds.
Overall, this looks like routine equity compensation vesting tied to previously established performance conditions, with a modest net increase in common stock ownership and no remaining derivative positions disclosed in this filing’s derivative summary.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 8,986 | $0.00 | -- |
| Exercise | Common Stock | 8,986 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,392 | $34.19 | $150K |
| Exercise | Performance Stock Unit | 5,000 | $0.00 | -- |
| Exercise | Common Stock | 5,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,444 | $34.72 | $85K |
Footnotes (1)
- Payment for a tax liability by withholding securities incident to vesting of a certain Performance Stock Unit. Includes 657 shares acquired under the ESPP Purchase on May 15, 2026. 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. 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.