Consensus Cloud Solutions (CCSI) CTO reports new stock and PSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Consensus Cloud Solutions, Inc. reported that Chief Technology Officer Jeffrey Alan Sullivan acquired company equity through stock awards. On February 9, 2026, he received 27,006 shares of common stock at a price of $0, bringing his directly held common stock to 100,764 shares.
On the same date, he also exercised 13,503 Performance Stock Units at an exercise price of $0, with 13,503 derivative securities shown as beneficially owned directly afterward. The restricted and performance stock units were granted under the company’s 2021 Stock Plan, and the performance-based shares vest only after performance triggers are met and the grant has been held for at least 12 months.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,503 shares exercised/converted
Mixed
2 txns
Insider
Sullivan Jeffrey Alan
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 13,503 | $0.00 | -- |
| Grant/Award | Common Stock | 27,006 | $0.00 | -- |
Holdings After Transaction:
Performance Stock Unit — 13,503 shares (Direct);
Common Stock — 100,764 shares (Direct)
Footnotes (1)
- Restricted Stock Unit awarded under the Issuer's 2021 Stock Plan. Performance Stock Unit awarded under the Issuer's 2021 Stock Plan. Shares become eligible to vest when the performance trigger has been met and the grant has been held for at least 12 months.
FAQ
What insider transaction did CCSI report for CTO Jeffrey Alan Sullivan?
CCSI reported that CTO Jeffrey Alan Sullivan acquired company equity through stock-based awards. He received common shares and exercised performance stock units, all at a price of $0 per share, as part of the company’s 2021 Stock Plan.
What derivative securities were involved in the CCSI Form 4 for the CTO?
The filing shows 13,503 Performance Stock Units as derivative securities. These were exercised or converted at an exercise price of $0, with 13,503 derivative securities reported as beneficially owned directly afterward, all issued under CCSI’s 2021 Stock Plan.
What is the vesting condition for the CTO’s CCSI performance stock units?
The performance stock units become eligible to vest only after a performance trigger is met and the grant has been held for at least 12 months. This ties vesting to both company performance criteria and a minimum holding period.
Under which plan were the CTO’s CCSI equity awards granted?
Both the restricted stock units and performance stock units were granted under Consensus Cloud Solutions, Inc.’s 2021 Stock Plan. The plan governs the terms of these equity awards, including grant structure, performance triggers, and vesting eligibility conditions.