Form 4: Consensus Cloud Solutions CEO R. Scott Turicchi Reports Stock Transaction
SEC Form 4 Filing
R. Scott Turicchi, CEO of Consensus Cloud Solutions, reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On March 3, 2024, R. Scott Turicchi, CEO of Consensus Cloud Solutions, engaged in a transaction involving the company's common stock.
- A total of 2,771 shares were disposed of to cover a tax liability related to the vesting of restricted stock units at a price of $16.39 per share.
- Following the transaction, Turicchi directly owns 219,692 shares of Consensus Cloud Solutions.
- Turicchi also indirectly owns 5,757 shares through the Turicchi Family Foundation.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document reports a routine transaction related to tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine transaction.
Key Dates
| Date | Description |
|---|---|
| 03/03/2024 | Date of stock transaction (disposal of shares). |
| 03/05/2024 | Date of signature by Attorney-in-Fact. |
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