Form 4: CCSI CTO Sells Shares for Tax Liability
Insider Transaction Report
Consensus Cloud Solutions CTO Jeffrey Alan Sullivan disposed of 335 shares of common stock to cover tax liabilities related to restricted stock unit vesting.
Summary
- Jeffrey Alan Sullivan, Chief Technology Officer of Consensus Cloud Solutions, Inc. (CCSI), reported a transaction.
- On November 10, 2025, Sullivan disposed of 335 shares of CCSI common stock.
- The disposition was made at a price of $24.59 per share.
- This transaction was identified as a payment for a tax liability by withholding securities incident to the vesting of Restricted Stock Units (RSUs).
- Following this transaction, Sullivan beneficially owns 73,109 shares of CCSI common stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares to cover tax liabilities upon RSU vesting, which is a common occurrence for executives and does not indicate a change in sentiment towards the company or its prospects.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This is a routine insider transaction related to equity compensation and does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine tax-related transaction by an insider, not indicative of a change in company fundamentals or insider sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/10/2025 | Date of transaction (disposition of shares for tax liability). |
| 11/12/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Recommendation
holdThe filing details a routine disposition of shares by the Chief Technology Officer to cover tax liabilities associated with the vesting of Restricted Stock Units. This is a common and expected event for executives receiving equity compensation and does not reflect a change in the company's fundamentals or the insider's long-term view. Therefore, it does not provide a basis for altering an existing investment recommendation.
Keywords
Consensus Cloud Solutions, CCSI, Jeffrey Alan Sullivan, CTO, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units
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