CCSI (CCSI) CFO details 40,112 shares and multiple PSU awards
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Consensus Cloud Solutions, Inc. CFO Adam Varon filed an initial ownership report listing his equity interests. He directly holds 40,112 shares of common stock and multiple Performance Stock Unit (PSU) awards that can convert into 1,094; 1,666; 3,750; 3,244; 4,409; and 4,409 shares of common stock. Footnotes state each PSU grant was made between December 2021 and February 2026 and becomes eligible to vest only after a performance trigger is met and the award has been held for at least 12 months.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Varon Adam
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Unit — 1,094 shares (Direct);
Common Stock — 40,112 shares (Direct)
Footnotes (1)
- Represents a grant of Performance Stock Units made on December 15,2021. Shares become eligible to vest when the performance trigger has been met and the grant has been held for at least 12 months. Represents a grant of Performance Stock Units made on November 10, 2022. Shares become eligible to vest when the performance trigger has been met and the grant has been held for at least 12 months. Represents a grant of Performance Stock Units made on December 7, 2023. Shares become eligible to vest when the performance trigger has been met and the grant has been held for at least 12 months. Represents a grant of Performance Stock Units made on December 6, 2024. Shares become eligible to vest when the performance trigger has been met and the grant has been held for at least 12 months. Represents a grant of Performance Stock Units made on February 9, 2026. Shares become eligible to vest when the performance trigger has been met and the grant has been held for at least 12 months.
Key Figures
Direct common shares: 40,112 shares
PSU underlying shares (grant 1): 1,094 shares
PSU underlying shares (grant 2): 1,666 shares
+5 more
8 metrics
Direct common shares
40,112 shares
Common Stock holdings following reported positions
PSU underlying shares (grant 1)
1,094 shares
Performance Stock Unit tied to Common Stock $0.01 Par value
PSU underlying shares (grant 2)
1,666 shares
Performance Stock Unit tied to Common Stock $0.01 Par Value
PSU underlying shares (grant 3)
3,750 shares
Performance Stock Unit tied to Common Stock $0.01 Par Value
PSU underlying shares (grant 4)
3,244 shares
Performance Stock Unit tied to Common Stock $0.01 Par Value
PSU underlying shares (grant 5)
4,409 shares
Performance Stock Unit tied to Common Stock $0.01 Par Value
PSU exercise price
$0.0000 per share
Conversion or exercise price for Performance Stock Units
Holding entries
7 entries
All transactions classified as holdings with unknown direction
Key Terms
Performance Stock Unit, Form 3, underlying security, performance trigger, +1 more
5 terms
Performance Stock Unit financial
"Represents a grant of Performance Stock Units made on December 15,2021."
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
underlying security financial
"underlying_security_title": "Common Stock $0.01 Par value""
performance trigger financial
"Shares become eligible to vest when the performance trigger has been met"
vesting financial
"Shares become eligible to vest when the performance trigger has been met"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What does the Form 3 filing by CCSI CFO Adam Varon show?
The filing shows CFO Adam Varon’s initial ownership in Consensus Cloud Solutions, including 40,112 common shares held directly and several Performance Stock Unit grants that may convert into common stock once specified vesting conditions are met.
What Performance Stock Unit grants are reported for CCSI CFO Adam Varon?
The filing reports multiple Performance Stock Unit awards tied to underlying common stock amounts of 1,094, 1,666, 3,750, 3,244, 4,409, and another 4,409 shares. These units may convert into common stock if performance triggers are achieved and holding-period requirements are met.
When were the Performance Stock Units for CCSI’s CFO granted?
Footnotes state PSUs were granted on December 15, 2021, November 10, 2022, December 7, 2023, December 6, 2024, and February 9, 2026. Each grant becomes eligible to vest only after specified performance triggers and a minimum 12‑month holding period.
What are the vesting conditions for CCSI CFO Adam Varon’s Performance Stock Units?
For each grant, shares become eligible to vest only when a performance trigger has been met and the grant has been held for at least 12 months. Until those conditions are satisfied, the PSUs represent contingent rights rather than fully vested common shares.
Are there any buy or sell transactions in this CCSI Form 3 for the CFO?
No buy or sell transactions are reported. The entries are classified as holdings, reflecting existing positions. The filing lists the CFO’s direct common stock ownership and outstanding Performance Stock Unit awards without showing new market purchases or sales.