Every Form 4 that CSG Systems International (CSGS) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow CSGS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CSGS filings page.
CSG Systems International director Marwan Fawaz reported a disposition of common stock in connection with the company’s merger with NEC Corporation. On May 14, each of his shares, including unvested restricted stock awards, was converted into the right to receive $80.70 in cash per share, less taxes, as CSG became a wholly owned NEC subsidiary. The filing shows 34,878 shares were disposed of back to the issuer, leaving Fawaz with 0 shares directly held after the transaction. Footnotes note that 3,085 of these were restricted stock awards that remain subject to vesting conditions for payment.
CSG Systems International director David G. Barnes disposed his stake as part of the company’s merger with NEC Corporation. On May 14, 2026, 40,678 shares of common stock were surrendered to the issuer at $80.70 per share in cash under the merger agreement. This amount included 3,085 unvested restricted stock awards, which were converted into cash rights but remain subject to vesting conditions similar to those in place before the merger. Following the transaction, Barnes held no CSG common shares directly.
CSG Systems International executive Michael Joseph Woods disposed of 53,196.8507 shares of common stock in connection with the company’s cash merger with NEC Corporation. On May 14, 2026, each CSG common share and each unvested restricted stock award held by him was converted into the right to receive $80.70 in cash, less withholding taxes, under the merger agreement. Following this issuer disposition, his reported direct common stock holdings fell to zero. The disclosure notes that his position included 10,946 unvested restricted stock awards, which will pay out in cash as they vest on substantially the same terms as before the merger.
CSG Systems International director Samantha Joy Greenberg disposed of 7,808 shares of common stock on May 14, 2026 in connection with the company's merger with NEC Corporation. The shares were converted into the right to receive $80.70 per share in cash under the merger agreement. Following this transaction, Greenberg no longer holds CSG common stock directly, while any cash payable for her unvested restricted stock awards remains subject to the original vesting conditions.
CSG Systems International director Rachel A. Barger disposed of 14,532 shares of common stock in connection with the company’s merger with NEC Corporation. On May 14, 2026, each share and related restricted stock award was converted into the right to receive $80.70 in cash, subject to applicable taxes. Following the transaction, Barger no longer holds CSG common stock directly, and the company now operates as a wholly owned subsidiary of NEC.
CSG Systems International director Silvio Tavares disposed of his common stock in connection with the company’s merger with NEC Corporation. On May 14, 2026, 22,560 shares of CSG Systems common stock were surrendered to the issuer at $80.70 per share as part of the merger consideration, leaving him with no common shares reported after the transaction.
Under the merger agreement, each share of CSG Systems common stock and each unvested restricted stock award held immediately before closing was converted into the right to receive $80.70 in cash, less applicable withholding taxes. This included 3,085 restricted stock awards, which remain subject to substantially the same vesting conditions even though they now represent a cash right rather than equity.
CSG Systems International EVP & CFO Hai Tran reported a disposition of common stock to the issuer in connection with the company’s merger with NEC Corporation. On the merger closing date, 129,880.2826 shares of common stock were converted into the right to receive $80.70 per share in cash. This amount included unvested restricted stock and performance-based restricted stock, whose cash payments remain subject to substantially the same vesting conditions as before the merger. Following the transaction, Tran no longer holds CSG common stock directly.
CSG Systems International Inc. director Gregory A. Conley disposed of his shares in connection with the company’s merger with NEC Corporation. On May 14, 2026, 14,792 shares of common stock were transferred to the issuer at $80.70 per share under the merger agreement, leaving Conley with no directly held common shares reported after the transaction. Each share and each unvested restricted stock award was converted into the right to receive $80.70 in cash, subject to applicable withholding taxes, including 3,085 restricted stock awards that remain subject to vesting terms following the merger.
CSG Systems International senior vice president and chief accounting officer Lori Szwanek disposed of 16,855.4546 shares of common stock on May 14, 2026 at $80.70 per share through a disposition to the issuer tied to the company’s merger with NEC Corporation. Each common share, restricted stock award and performance-based restricted stock award held immediately before the merger was converted into the right to receive $80.70 in cash, before taxes. Following this transaction, Szwanek no longer directly holds CSG common shares, while 5,185 RSAs and 2,869 PSAs are eligible for cash payment as they vest under substantially the same terms as before the merger.
CSG Systems International President & CEO Brian A. Shepherd reported a disposition of 575,191 shares of common stock at $80.70 per share in connection with the closing of a merger with NEC Corporation. The shares were converted into the right to receive cash, and his reported direct common stock holdings are now zero.
The filing explains that, under the Merger Agreement, each share of common stock, each unvested restricted stock award (RSA) and each unvested performance-based restricted stock award (PSA) held immediately before closing was converted into a cash right at $80.70 per share, subject to withholding taxes. Footnotes note that this includes 53,806 RSAs and 93,184 PSAs, with payments on unvested awards remaining subject to substantially the same vesting conditions as before the merger.
CSG Systems International's EVP and General Counsel Rasmani Bhattacharya disposed of 68,162 shares of common stock in connection with the closing of the company’s merger with NEC Corporation at a cash price of $80.70 per share. This disposition to the issuer left Bhattacharya with no directly held common shares. Unvested restricted stock and performance-based restricted stock awards were also converted into the right to receive $80.70 per share in cash, subject to their existing vesting terms.
CSG Systems International executive Elizabeth A. Bauer reported a disposition of common stock tied to the company’s merger with NEC Corporation. On May 14, 2026, Bauer’s 101,859 shares of common stock were converted into the right to receive $80.70 in cash per share in a transaction with the issuer, leaving her with no directly owned common shares after the deal.
The merger was completed under an Agreement and Plan of Merger among CSG, NEC and a NEC subsidiary, with CSG surviving as a wholly owned subsidiary of NEC. Footnotes state that Bauer also held 20,225 restricted stock awards and 17,484 performance-based restricted stock awards that were similarly converted into cash rights at $80.70 per share, but any payment on these awards remains subject to their existing vesting conditions, adjusted only for provisions made inoperative by the merger.
CSG Systems International EVP Product & Strategy Officer Chad Dunavant disposed of 49,112 shares of common stock at $80.70 per share in connection with the company’s merger with NEC Corporation. The shares were surrendered to the issuer as part of the cash merger consideration.
Following this disposition to the issuer, the filing shows no remaining common stock held directly. The footnotes state that unvested restricted stock awards and performance-based restricted stock awards were converted into the right to receive $80.70 in cash per share, subject to vesting on substantially the same terms as before the merger.
CSG Systems International director Haiyan Song disposed of 22,560 shares of common stock, including restricted stock awards, in connection with the company’s merger with NEC Corporation. Each share and unvested restricted stock award was converted into the right to receive $80.70 in cash, subject to applicable withholding taxes. Following this merger-related cash-out, Song no longer holds CSG Systems International common shares, while 3,085 unvested restricted stock awards remain subject to substantially the same vesting terms that applied before the merger.
CSG Systems International director Tseli Lily Yang disposed of 18,464 shares of common stock at $80.70 per share in connection with the company’s merger with NEC Corporation. The shares were returned to the issuer as part of a cash-out merger in which a NEC subsidiary merged into CSG, leaving CSG as a wholly owned subsidiary of NEC.
Under the merger agreement, each share of CSG common stock and each unvested restricted stock award held by Yang immediately before closing was converted into the right to receive $80.70 in cash, less applicable withholding taxes. This filing shows Yang’s direct common stock holdings reduced to zero and notes 3,085 restricted stock awards that will pay out in cash as they satisfy their existing vesting conditions.
CSG Systems International director Rajan Naik reported a disposition of 28,878 shares of common stock on May 14, 2026, as part of the closing of the company’s merger with NEC Corporation. Each share was converted into the right to receive $80.70 in cash, less applicable withholding taxes.
The filing shows his direct common stock holdings dropped to 0 shares after the transaction. The disclosure notes that his position included 3,085 unvested restricted stock awards (RSAs), which now represent a right to receive the same cash amount per share, subject to their existing vesting conditions.
CSG Systems International senior vice president and chief accounting officer Lori Szwanek had 878 shares of common stock withheld on tax-withholding disposition at $79.88 per share. These shares were retained by the issuer to cover tax obligations upon vesting of a restricted stock award, and she now directly holds 16,855.4546 shares.
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.
CSG Systems International President & CEO Brian Shepherd was granted 37,175 shares of time-based restricted common stock at $0 per share. These shares were awarded on January 20, 2026 and are scheduled to vest on March 10, 2027, meaning he will receive full ownership only if the vesting conditions are met through that date. After this grant, Shepherd directly beneficially owns 575,191 shares of CSG Systems International common stock.
CSG Systems International EVP & CFO Hai Tran received an equity grant of 13,631 shares of common stock on January 20, 2026. The shares were awarded at a price of $0 per share as time-based restricted stock, which is a form of compensation that typically requires continued employment to fully vest.
The filing states that these restricted shares are scheduled to vest on March 10, 2027. After this grant, Tran beneficially owns a total of 129,880.2826 shares of CSG Systems International common stock in direct ownership.
CSG Systems International executive Michael Joseph Woods, EVP Pres NA Comm, Media & Tech, reported receiving an equity award of 10,946 shares of common stock on January 20, 2026. The shares were acquired at a price of $0 per share as time-based restricted stock that is scheduled to vest on March 10, 2027. Following this grant, Woods now directly beneficially owns 53,196.8507 shares of CSG Systems International common stock.
CSG Systems International executive Elizabeth A. Bauer reported an equity award of 8,468 shares of common stock on January 20, 2026. The shares are time-based restricted stock that will vest on March 10, 2027, meaning she must satisfy continued service conditions before they fully become hers. The award was reported at a price of $0 per share, consistent with a stock grant rather than an open-market purchase.
After this grant, Bauer beneficially owned 101,859 shares of CSG Systems International common stock in direct ownership. She serves as Executive Vice President and Chief Experience Officer, so the filing reflects part of her equity-based compensation as a senior officer.
CSG Systems International Inc. reported an equity award to its EVP and General Counsel, Rasmani Bhattacharya. On January 20, 2026, Bhattacharya was granted 8,468 shares of common stock as time-based restricted stock at a price of $0 per share, reflecting a stock-based compensation grant rather than an open‑market purchase. After this award, Bhattacharya directly beneficially owns 68,162 shares of CSG Systems common stock. The restricted shares are scheduled to vest on March 10, 2027, meaning they become fully owned over time if the vesting conditions are met.
CSG Systems International Inc. executive Chad Dunavant reported an equity award of 4,544 shares of common stock on January 20, 2026. The shares are time-based restricted stock that will vest on March 10, 2027, meaning they are subject to continued service or other vesting conditions until that date. After this grant, Dunavant beneficially owns 50,586 shares of CSGS common stock in total, held directly in his name as EVP Product & Strategy Officer.
CSG Systems International executive receives restricted stock grant. SVP and Chief Accounting Officer Lori Szwanek was awarded 1,942 shares of CSG Systems International common stock on January 20, 2026, at a price of $0 per share as an equity compensation grant. These shares are time-based restricted stock scheduled to vest on March 10, 2027. Following this award, Szwanek beneficially owns a total of 17,733.4546 shares of CSG common stock, held directly.
CSG Systems International (CSGS) disclosed a Form 4 for its SVP, Chief Accounting Officer. On 10/10/2025, 1,284 shares of common stock were withheld by the issuer (transaction code F) at $36 to cover tax withholding upon the vesting of a restricted stock award. After this administrative transaction, the officer beneficially owns 16,145.4546 shares, held directly.
CSG Systems International (CSGS) reported an insider transaction by EVP and General Counsel Rasmani Bhattacharya. On 10/10/2025, 612 shares of common stock were withheld (transaction code F) at $36 to satisfy tax withholding obligations upon the vesting of a restricted stock award. Following the withholding, 69,451 shares were beneficially owned, held directly.
This filing reflects administrative share withholding rather than an open‑market sale, and it does not change the number of shares issued by the company.