Consensus Cloud Solutions (CCSI) CLO exercises PSUs, withholds shares for taxes
Rhea-AI Filing Summary
Consensus Cloud Solutions Chief Legal Officer Vithya Aubee reported routine equity compensation activity tied to performance stock units (PSUs). On June 16 and 17, 2026, Aubee exercised PSUs covering 3,500 and 6,365 units, each PSU converting into one share of common stock.
To cover tax liabilities on these vestings, the company withheld 1,710 and 3,111 common shares, classified as tax-withholding dispositions rather than market sales. Following these transactions, Aubee directly holds 73,659 shares of common stock.
The PSUs vested after stock price performance conditions were achieved, including the stock closing at or above $28.89 and $28.99 for at least twenty out of thirty consecutive trading days and reaching the one-year anniversary of the original grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 6,365 | $0.00 | -- |
| Exercise | Common Stock | 6,365 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,111 | $34.19 | $106K |
| Exercise | Performance Stock Unit | 3,500 | $0.00 | -- |
| Exercise | Common Stock | 3,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,710 | $34.72 | $59K |
Footnotes (1)
- Payment for a tax liability by withholding securities incident to vesting of a certain Performance Stock Unit. This vesting event signifies the achievement of the second of four stock price performance conditions associated with a grant of performance share units ("PSUs") made on December 7, 2023. The condition was met when the Company's common stock closed at or above $28.89 for at least twenty (20) trading days within a period of thirty (30) consecutive trading days and the grant reached its first anniversary. Each PSU represents a contingent right to receive one share of the Company's common stock. This vesting event signifies the achievement of the third of four stock price performance conditions associated with a grant of performance share units ("PSUs") made on December 6, 2024. The condition was met when the Company's common stock closed at or above $28.99 for at least twenty (20) trading days within a period of thirty (30) consecutive trading days and the grant reached its first anniversary. Each PSU represents a contingent right to receive one share of the Company's common stock.