Consensus Cloud CAO gains 2,522 shares from PSUs
Consensus Cloud Solutions Chief Accounting Officer Karel Krulich reported the vesting and conversion of performance-based equity awards into common stock on June 25, 2026.
Rhea-AI Filing Summary
Consensus Cloud Solutions Chief Accounting Officer Karel Krulich reported the vesting and conversion of performance-based equity awards into common stock on June 25, 2026. Two tranches of 900 and 1,622 Performance Stock Units (PSUs) converted into an equal number of common shares after stock-price performance conditions were achieved on PSU grants from December 2023 and December 2024. These conditions required the Company’s common stock to close at or above $31.06 and $30.44, respectively, for at least twenty of thirty consecutive trading days and for each grant to reach its first anniversary.
In connection with this vesting, 941 common shares were withheld at $35.03 per share to satisfy tax liabilities, representing a tax-withholding disposition rather than an open-market sale. The transactions were not reported as made pursuant to a Rule 10b5-1 trading plan. Following the reported transactions, Krulich directly owns 40,801 shares of Consensus Cloud Solutions common stock.
Positive
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Negative
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Insights
Routine PSU vesting with tax withholding; no open-market buying or selling.
The disclosure shows Karel Krulich converting performance stock units into common stock and having 941 shares withheld at $35.03 to cover tax obligations. Code F transactions are mechanical tax payments, not discretionary sales, while code M reflects derivative exercises.
The footnotes highlight that vesting was triggered by stock price performance hurdles of $31.06 and $30.44 sustained over specified trading periods and after each grant’s first anniversary. This ties the awards to share price performance rather than time-based vesting alone.
After these transactions, Krulich held 40,120 common shares directly, and no remaining derivative positions are listed. The pattern is typical of performance-based equity plans and largely administrative from an investment-signal standpoint.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 900 | $0.00 | $0.00 |
| Exercise | Performance Stock Unit | 1,622 | $0.00 | $0.00 |
| Exercise | Common Stock | 900 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,622 | $35.03 | $57K |
| Exercise Price or Tax Liability | Common Stock | 941 | $35.03 | $33K |
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 third 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 $31.06 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 fourth 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 $30.44 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
stock price performance conditions financial
FAQ
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