Gates Capital discloses 9.4% CCSI stake in amended Schedule 13G

Rhea-AI Filing Summary

Gates Capital Management and related entities filed an amended Schedule 13G reporting a significant passive stake in Consensus Cloud Solutions, Inc. common stock. The reporting persons collectively beneficially own 1,794,967 shares, representing 9.4% of the outstanding common stock, with shared voting and dispositive power over all reported shares.

The ownership percentage is based on 19,005,775 shares of common stock outstanding as of October 31, 2025, as cited from the company’s Form 10-Q. The securities are reported as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Consensus Cloud Solutions, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

20848V105

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 20848V105

1

Names of Reporting Persons

Gates Capital Management, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,794,967.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,794,967.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,794,967.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.4 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP No. 20848V105

1

Names of Reporting Persons

Gates Capital Management GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,794,967.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,794,967.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,794,967.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.4 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 20848V105

1

Names of Reporting Persons

Gates Capital Management, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,794,967.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,794,967.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,794,967.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.4 %

12

Type of Reporting Person (See Instructions)

IA, CO

SCHEDULE 13G

CUSIP No. 20848V105

1

Names of Reporting Persons

Jeffrey L. Gates

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,794,967.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,794,967.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,794,967.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.4 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Consensus Cloud Solutions, Inc.
(b)	Address of issuer's principal executive offices: 700 S. FLOWER STREET, LEGAL DEPT - 15TH FLOOR, LOS ANGELES, CA, 90017
Item 2.
(a)	Name of person filing: This Statement is filed by each of the entities and persons listed below, all of whom together are referred to herein as the "Reporting Persons": (i) Gates Capital Management, L.P., a Delaware limited partnership ("Gates Capital"), with respect to the shares of Common Stock held by certain funds as to which Gates Capital serves as investment manager (the "Gates Capital Funds"); (ii) Gates Capital Management GP, LLC, a Delaware limited liability company ("the General Partner"), which is the general partner of Gates Capital, with respect to the shares of Common Stock directly held by the Gates Capital Funds; (iii) Gates Capital Management, Inc., a Delaware corporation ("the Corporation"), is the managing member of the General Partner, with respect to the shares of Common Stock directly held by the Gates Capital Funds; and (iv) Jeffrey L. Gates, a United States citizen, who serves as the President of the Corporation, with respect to the shares of Common Stock directly held by the Gates Capital Funds.
(b)	Address or principal business office or, if none, residence: The address of the principal business office of each of the Reporting Persons is c/o Gates Capital Management, L.P., 1177 Avenue of the Americas, 46th Floor, New York, New York 10036.
(c)	Citizenship: (i) Gates Capital - a Delaware limited partnership (ii) The General Partner - a Delaware limited liability company (iii) The Corporation - a Delaware corporation (iv) Jeffrey L. Gates - a United States citizen The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 20848V105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,794,967.00
(b)	Percent of class: 9.4%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1,794,967.00
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1,794,967.00 The percentage set forth in this SCHEDULE 13G/A is calculated based upon 19,005,775 shares of Common Stock issued and outstanding as of October 31, 2025 as disclosed in the Company's Quarterly Report for the period ended September 30, 2025 on Form 10-Q filed with the Securities and Exchange Commission on November 5, 2025. The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Gates Capital Management, L.P.

Signature:	/s/ Jeffrey L. Gates
Name/Title:	Jeffrey L. Gates- President
Date:	02/17/2026

Gates Capital Management GP, LLC

Signature:	/s/ Jeffrey L. Gates
Name/Title:	Jeffrey L. Gates- President
Date:	02/17/2026

Gates Capital Management, Inc.

Signature:	/s/ Jeffrey L. Gates
Name/Title:	Jeffrey L. Gates- President
Date:	02/17/2026

Jeffrey L. Gates

Signature:	/s/ Jeffrey L. Gates
Name/Title:	Jeffrey L. Gates
Date:	02/17/2026

Exhibit Information

EXHIBIT 1 JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on SCHEDULE 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on SCHEDULE 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. DATE: February 17, 2026 Gates Capital Management, L.P. By: Gates Capital Management GP, LLC, its general partner By: Gates Capital Management, Inc., its managing member By: /s/ Jeffrey L. Gates Name: Jeffrey L. Gates Title: President Gates Capital Management GP, LLC By: Gates Capital Management, Inc., its managing member By: /s/ Jeffrey L. Gates Name: Jeffrey L. Gates Title: President Gates Capital Management, Inc. By: /s/ Jeffrey L. Gates Name: Jeffrey L. Gates Title: President Jeffrey L. Gates By: /s/ Jeffrey L. Gates

FAQ

What stake in Consensus Cloud Solutions (CCSI) does Gates Capital report in this Schedule 13G/A?

Gates Capital and related reporting persons report beneficial ownership of 1,794,967 shares of Consensus Cloud Solutions common stock, representing 9.4% of the class. This percentage is calculated using 19,005,775 shares outstanding as of October 31, 2025, as disclosed in CCSI’s Form 10-Q.

Which entities are the reporting persons for Consensus Cloud Solutions (CCSI) in this Schedule 13G/A?

The reporting persons are Gates Capital Management, L.P., Gates Capital Management GP, LLC, Gates Capital Management, Inc., and Jeffrey L. Gates. They file jointly with respect to shares held by certain Gates Capital funds, under a joint filing agreement included as Exhibit 1.

How much voting and dispositive power over CCSI shares do the Gates Capital reporting persons have?

The reporting persons report 0 shares with sole voting or dispositive power and 1,794,967 shares with shared voting and shared dispositive power. This means all reported CCSI shares are controlled jointly, rather than individually, for voting and disposition decisions.

Is the Gates Capital position in Consensus Cloud Solutions (CCSI) reported as a passive investment?

Yes. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of CCSI, other than activities solely in connection with a nomination under Rule 14a-11.

What reference share count does the Schedule 13G/A use to calculate Gates Capital’s 9.4% in CCSI?

The 9.4% ownership figure is based on 19,005,775 shares of Consensus Cloud Solutions common stock issued and outstanding as of October 31, 2025, as disclosed in CCSI’s Form 10-Q for the quarter ended September 30, 2025.

When did the ownership event occur that triggered this amended Schedule 13G for CCSI?

The date of the event requiring this filing is listed as December 31, 2025. The Schedule 13G/A is identified as Amendment No. 2, updating previously reported beneficial ownership information for Consensus Cloud Solutions common stock.