CSG Systems (CSGS) EVP has 1,474 shares withheld for tax obligations

Rhea-AI Filing Summary

CSG Systems International EVP Chad Dunavant reported a routine share disposition tied to equity compensation. On this Form 4, 1,474 shares of common stock were withheld by the company at $79.88 per share to cover tax obligations when a restricted stock award vested. After this tax-withholding event, Dunavant directly holds 49,112 common shares, showing he retains a substantial equity position and that the transaction was not an open-market sale.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dunavant Chad

(Last) (First) (Middle)

169 INVERNESS DR. W

SUITE 300

(Street)

ENGLEWOOD CO 80112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CSG SYSTEMS INTERNATIONAL INC [ CSGS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Product & Strategy Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/11/2026		F		1,474(1)	D	$79.88	49,112	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock award.

	/s/ Andrea Matheny, attorney-in-fact for Chad Dunavant	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did CSG Systems (CSGS) report for Chad Dunavant?

CSG Systems reported that EVP Product & Strategy Officer Chad Dunavant had 1,474 shares of common stock withheld. These shares were retained by the company to satisfy tax obligations triggered by the vesting of a restricted stock award, rather than being sold on the open market.

Was the CSGS Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The 1,474 shares were withheld by CSG Systems to cover Dunavant’s tax liability upon vesting of a restricted stock award, a common administrative feature of equity compensation programs.

How many CSG Systems (CSGS) shares were involved and at what price?

The filing reports 1,474 shares of CSG Systems common stock involved in the transaction, with a value recorded at $79.88 per share. These shares were withheld by the issuer to satisfy tax withholding obligations linked to the vesting of a restricted stock award.

How many CSGS shares does Chad Dunavant hold after the Form 4 event?

After the reported tax-withholding event, Chad Dunavant directly holds 49,112 shares of CSG Systems common stock. This remaining position indicates he continues to maintain a meaningful equity stake in the company following the routine withholding related to his restricted stock vesting.

What does transaction code "F" mean in the CSG Systems (CSGS) Form 4?

Transaction code “F” on the Form 4 indicates a payment of a tax liability or exercise price using shares. In this case, 1,474 CSG Systems shares were withheld by the issuer to cover Dunavant’s tax withholding obligations from a restricted stock award vesting.