Form 4: CCSI CTO Vests 5,000 Performance Shares

Consensus Cloud Solutions CTO Jeffrey Alan Sullivan vested 5,000 performance stock units after the company's stock met a key price target.

Summary

• Jeffrey Alan Sullivan, Chief Technology Officer of Consensus Cloud Solutions, Inc. (CCSI), reported transactions on October 3, 2025.
• 5,000 shares of Common Stock were acquired by Mr. Sullivan upon the vesting of Performance Stock Units (PSUs).
• The vesting was triggered because the company's common stock closed at or above $26.88 for at least twenty (20) trading days within a thirty (30) consecutive trading day period.
• This represents the achievement of the first of four stock price performance conditions associated with a PSU grant made on December 7, 2023.
• Following the vesting, 1,789 shares of Common Stock were disposed of at a price of $27.81 per share, likely to cover tax obligations.
• After these transactions, Mr. Sullivan beneficially owns 73,444 shares of Common Stock directly.
• Mr. Sullivan continues to beneficially own 15,000 Performance Stock Units, subject to future vesting conditions.

Sentiment

Score: 8

Explanation: The sentiment is positive as a key performance-based vesting condition for executive compensation was met, indicating favorable stock price performance for Consensus Cloud Solutions.

Positives

• The company's common stock met a significant performance condition, closing at or above $26.88 for 20 out of 30 consecutive trading days, indicating positive stock price momentum.
• The vesting of Performance Stock Units aligns management's incentives with shareholder value creation, as it is tied to specific stock price targets.

Future Outlook

The vesting event represents the achievement of the first of four stock price performance conditions for the granted PSUs, indicating that three additional performance conditions remain to be met for the full vesting of the original grant.

Management Comments

• The vesting event signifies the achievement of the first of four stock price performance conditions associated with a grant of performance share units made on December 7, 2023.
• The condition was met when the Company's common stock closed at or above $26.88 for at least twenty (20) trading days within a period of thirty (30) consecutive trading days.

Industry Context

This insider transaction reflects a common executive compensation structure where performance-based equity awards are tied to specific company stock price achievements. Such structures are designed to incentivize management to drive shareholder value, aligning their financial interests with those of investors. The achievement of a stock price target suggests positive market perception or operational performance within the cloud solutions industry.

Stakeholder Impact

• Shareholders: The achievement of a stock price performance condition is a positive signal, potentially reinforcing confidence in the company's trajectory and management's ability to deliver value.
• Employees (specifically management): The vesting of PSUs directly benefits the Chief Technology Officer, aligning executive compensation with company performance.

Next Steps

• Achievement of the remaining three stock price performance conditions for the outstanding Performance Stock Units.

Key Dates

Recommendation

The vesting of performance stock units, triggered by the company's stock price meeting a specific target, indicates positive momentum and management's ability to achieve performance milestones. This suggests a favorable outlook for the company's stock, making it an attractive opportunity for investors.

Keywords

Consensus Cloud Solutions, CCSI, Jeffrey Alan Sullivan, CTO, Performance Stock Units, PSU vesting, insider transaction, stock performance, executive compensation