Consensus Cloud (CCSI) CFO vests 3,125 PSUs after $26.88 threshold
Rhea-AI Filing Summary
Consensus Cloud Solutions, Inc. (CCSI) reported an insider vesting event on 10/03/2025 for Chief Financial Officer James C. Malone. 3,125 performance stock units (PSUs) vested because the companys common stock closed at or above $26.88 for at least twenty trading days within a thirty-day window, satisfying the first of four price-based performance conditions tied to a 12/07/2023 PSU grant. Each vested PSU converts into one share of common stock; the report lists 3,125 shares resulting from the vesting and shows total beneficial ownership of 120,267 shares following the transaction. The filing also notes that the total includes 629 shares acquired under the employee stock purchase plan on 05/15/2025.
Positive
- Performance condition met leading to vesting of 3,125 PSUs
- Insider ownership increased to 120,267 shares, aligning management with shareholders
Negative
- None.
Insights
Vesting reflects achieved market threshold for PSU payout, modestly increasing insider holdings.
The vesting of 3,125 PSUs occurred when the stock met the specified price hurdle of $26.88 for the required trading-window, converting contingent units into 3,125 common shares. This increases the reporting officers direct stake to 120,267 shares, which includes 629 ESPP shares from 05/15/2025.
The primary dependency is continued attainment of the remaining three performance conditions tied to the original 12/07/2023 grant; future vesting will depend on future closing-price performance. Investors may watch subsequent SEC filings for additional vesting events or sales by the officer in the near term.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 3,125 | $0.00 | -- |
| Exercise | Common Stock | 3,125 | $0.00 | -- |
Footnotes (1)
- This vesting event signifies the achievement of the first 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 $26.88 for at least twenty (20) trading days within a period of thirty (30) consecutive trading days. Each PSU represents a contingent right to receive one share of the Company's common stock. Includes 629 shares acquired under the ESPP Purchase on May 15, 2025.
FAQ
What happened in the CCSI Form 4 filed on 10/07/2025?
Why did the 3,125 PSUs vest for CCSI?
Does the filing show other recent insider purchases for CCSI?
Will additional PSUs vest automatically for CCSI?