CFO of Consensus Cloud Solutions (CCSI) reports 118-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Consensus Cloud Solutions, Inc. Chief Financial Officer Adam Varon reported a routine tax-withholding transaction related to equity compensation. On May 12, 2026, 118 shares of common stock were withheld at $29.33 per share to cover a tax liability from vesting of a Restricted Stock Unit. After this non‑market disposition, he directly holds 39,934 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Varon Adam
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 118 | $29.33 | $3K |
Holdings After Transaction:
Common Stock — 39,934 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 118 shares
Tax-withholding share value: $29.33 per share
Shares held after transaction: 39,934 shares
3 metrics
Shares withheld for taxes
118 shares
Tax-withholding disposition on May 12, 2026
Tax-withholding share value
$29.33 per share
Valuation used for tax-withholding calculation
Shares held after transaction
39,934 shares
Direct common stock holdings after tax withholding
Key Terms
Restricted Stock Unit, tax liability, withholding securities, tax-withholding disposition
4 terms
Restricted Stock Unit financial
"Payment for a tax liability by withholding securities incident to vesting of a certain Restricted Stock Unit."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax liability financial
"Payment for a tax liability by withholding securities incident to vesting of a certain Restricted Stock Unit."
withholding securities financial
"Payment for a tax liability by withholding securities incident to vesting of a certain Restricted Stock Unit."
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did CCSI CFO Adam Varon report on this Form 4?
CFO Adam Varon reported a small, routine tax-withholding disposition of 118 shares. The shares were withheld by the company to satisfy taxes due upon vesting of a Restricted Stock Unit, rather than being sold in the open market.
What does the F transaction code mean in the CCSI Form 4 for Adam Varon?
The F code indicates payment of a tax liability by delivering or withholding securities. In this case, 118 Consensus Cloud Solutions shares were withheld when a Restricted Stock Unit vested, satisfying taxes without an open-market sale by the executive.