Form 4: CCSI CEO Turicchi Sells Shares for Tax Obligations
Insider Transaction Report
Consensus Cloud Solutions CEO R. Scott Turicchi reported the sale of 3,808 shares of common stock to cover tax obligations related to RSU vesting.
Summary
- R. Scott Turicchi, CEO and Director of Consensus Cloud Solutions, Inc. (CCSI), reported a transaction on December 15, 2025.
- He disposed of 3,808 shares of Common Stock at a price of $23.65 per share.
- This disposition was for the payment of tax liability incident to the vesting of Restricted Stock Units (RSUs).
- Following this transaction, Turicchi directly beneficially owns 193,865 shares of Common Stock.
- He also indirectly beneficially owns 5,757 shares through the Turicchi Family Foundation.
- The direct beneficial ownership figure includes 392 shares acquired under an Employee Stock Purchase Plan (ESPP) on November 15, 2025.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (tax-related sale of shares upon RSU vesting) which is neither inherently positive nor negative for the company's operational performance or future prospects.
Positives
- The underlying event, the vesting of Restricted Stock Units, indicates that performance or time-based conditions were met, which is generally positive for executive compensation and retention.
- The acquisition of 392 shares under the ESPP on November 15, 2025, demonstrates continued participation in employee stock plans.
Negatives
- A reduction in direct beneficial ownership by 3,808 shares, even if for tax purposes.
Future Outlook
No forward-looking statements or guidance are provided in this filing.
Industry Context
This is a routine insider transaction report (Form 4) and does not provide information for broader industry trends or competitor analysis.
Related Party Transactions
- Indirect beneficial ownership of 5,757 shares is held through the Turicchi Family Foundation.
Stakeholder Impact
- Shareholders: Minimal impact. A small reduction in direct insider ownership, offset by the routine nature of the transaction (tax withholding on RSU vesting).
- Employees, Customers, Suppliers, Creditors: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 11/15/2025 | Acquisition of 392 shares under ESPP Purchase. |
| 12/15/2025 | Transaction date for disposition of 3,808 shares due to tax liability. |
| 12/17/2025 | Date the Form 4 was signed/filed. |
Keywords
Consensus Cloud Solutions, CCSI, R. Scott Turicchi, Insider Transaction, Form 4, Stock Sale, RSU Vesting, Tax Withholding, CEO, Director, Equity Compensation
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