Aubee Vithya exercises 3,500 PSUs at Consensus Cloud Solutions (CCSI)
Rhea-AI Filing Summary
Consensus Cloud Solutions, Inc. reported that Chief Legal Officer Aubee Vithya exercised 3,500 Performance Stock Units into 3,500 shares of common stock on June 29, 2026, in connection with a stock price performance condition requiring the share price to close at or above $33.39 for 20 of 30 trading days and the grant’s first anniversary. Of the delivered shares, 2,122 were withheld at $38.26 per share to satisfy tax obligations, and Vithya now holds 75,809 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,378 shares
Net Buy
3 txns
Insider
Aubee Vithya
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 3,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,122 | $38.26 | $81K |
Holdings After Transaction:
Performance Stock Unit — 0 shares (Direct);
Common Stock — 75,809 shares (Direct)
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 fourth 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 $33.39 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
Performance Stock Units exercised: 3500.0000 PSUs
Common shares acquired from PSUs: 3500.0000 shares
Shares withheld for taxes: 2122.0000 shares
+5 more
8 metrics
Performance Stock Units exercised
3500.0000 PSUs
Number of PSUs converted to common stock on June 29, 2026
Common shares acquired from PSUs
3500.0000 shares
Common stock received upon PSU vesting and conversion
Shares withheld for taxes
2122.0000 shares
Common shares withheld to satisfy tax liability at vesting
Tax withholding price per share
$38.2600
Per-share value used for 2,122 withheld shares
Post-transaction common shares held
75,809 shares
Direct common stock holding after the reported transactions
Stock-price performance condition
$33.39
Required closing price for the PSU stock performance condition
Trading days at or above hurdle
20 trading days
Days within a 30-day window meeting the $33.39 hurdle
Performance window length
30 consecutive trading days
Window for satisfying the stock price condition
Key Terms
Performance Stock Unit, performance share units ("PSUs"), stock price performance conditions, withholding securities incident to vesting
4 terms
Performance Stock Unit financial
"The security title is listed as "Performance Stock Unit" for the derivative award"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
stock price performance conditions financial
"The vesting event signifies the achievement of stock price performance conditions"
withholding securities incident to vesting financial
"Payment for a tax liability by withholding securities incident to vesting"
FAQ
What insider transaction did Aubee Vithya report for CCSI?
Chief Legal Officer Aubee Vithya exercised 3,500 Performance Stock Units, receiving an equal number of common shares. As part of the vesting, 2,122 shares were withheld to cover related tax obligations, leaving a larger directly held common stock position.
What performance condition triggered the PSU vesting at CCSI?
The PSUs vested when CCSI’s common stock closed at or above $33.39 for at least 20 trading days within a period of 30 consecutive trading days, and the grant reached its first anniversary, satisfying the stock-price performance condition described in the filing.
What type of award did Aubee Vithya exercise in the CCSI Form 4?
The award was a grant of performance share units (PSUs), each representing a contingent right to receive one share of CCSI common stock. The reported vesting reflects achievement of the fourth stock price performance condition tied to this December 7, 2023 PSU grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.