Consensus Cloud (CCSI) CLO has 280 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Consensus Cloud Solutions, Inc. Chief Legal Officer Vithya Aubee had 280 shares of Common Stock withheld at $34.00 per share to cover a tax liability associated with the vesting of a Restricted Stock Unit. Following this tax-withholding disposition, Aubee directly holds 67,914 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aubee Vithya
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 280 | $34.00 | $10K |
Holdings After Transaction:
Common Stock — 67,914 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 280 shares
Tax-withholding share value: $34.00 per share
Shares held after transaction: 67,914 shares
3 metrics
Shares withheld for taxes
280 shares
Tax-withholding disposition on Common Stock
Tax-withholding share value
$34.00 per share
Value used for 280 withheld shares
Shares held after transaction
67,914 shares
Direct ownership following tax withholding
Key Terms
Restricted Stock Unit, tax liability, withholding securities, Common Stock
4 terms
Restricted Stock Unit financial
"vesting of a certain Restricted Stock Unit"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax liability financial
"Payment for a tax liability by withholding securities"
withholding securities financial
"Payment for a tax liability by withholding securities incident to vesting"
Common Stock financial
"Common Stock transaction of 280.0000 shares at 34.0000"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CCSI Chief Legal Officer Vithya Aubee report?
Vithya Aubee reported a tax-withholding disposition of 280 shares of Consensus Cloud Solutions Common Stock. The shares were withheld to satisfy a tax liability triggered by the vesting of a Restricted Stock Unit, rather than sold in an open-market transaction.
What does the transaction code F mean in the CCSI Form 4 filing?
Transaction code F indicates payment of a tax liability or exercise price by delivering securities. In this case, 280 Consensus Cloud Solutions shares were withheld to cover taxes from a vesting Restricted Stock Unit, rather than being bought or sold on the open market.