Form 4: Consensus Cloud Solutions General Counsel Aubee Sells Shares to Cover Tax Obligations
SEC Form 4
Vithya Aubee, General Counsel of Consensus Cloud Solutions, sold 410 shares of common stock on June 15, 2024, to cover tax liabilities associated with vesting restricted stock units.
Summary
- On June 15, 2024, Vithya Aubee, the General Counsel of Consensus Cloud Solutions, sold 410 shares of the company's common stock.
- The sale was executed at a price of $17.53 per share.
- This transaction was conducted to cover a tax liability resulting from the vesting of restricted stock units.
- Following the transaction, Aubee directly owns 23,573 shares of Consensus Cloud Solutions.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction to cover tax obligations.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.
Stakeholder Impact
- The sale of shares by an insider could have a minor negative impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 06/15/2024 | Date of the stock sale transaction. |
| 06/18/2024 | Date of signature on the Form 4 filing. |
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