Form 4: CTO Sullivan Reports CCSI Stock Transactions
Insider Transaction Report
Consensus Cloud Solutions CTO Jeffrey Alan Sullivan reported the acquisition of common stock through PSU vesting and subsequent tax-related dispositions.
Summary
- Jeffrey Alan Sullivan, Chief Technology Officer of Consensus Cloud Solutions, Inc. (CCSI), reported transactions involving the company's common stock.
- On December 6, 2025, 8,237 shares of common stock were acquired upon the vesting of Performance Stock Units (PSUs) at a price of $0.
- This vesting event was triggered by the achievement of a stock price performance condition, where the company's common stock closed at or above $26.29 for at least twenty trading days within a thirty-consecutive-trading-day period, coinciding with the first anniversary of the PSU grant made on December 6, 2024.
- Following the acquisition, 6,101 shares were disposed of on December 6, 2025, at a price of $22.41 per share, to cover tax liabilities related to the vesting of Restricted Stock Units (RSUs) or PSUs.
- An additional 1,269 shares were disposed of on December 7, 2025, also at $22.41 per share, for tax liabilities related to RSU vesting.
- The reported transactions were made pursuant to a Rule 10b5-1(c) plan.
- After these transactions, Mr. Sullivan beneficially owns 74,368 shares of common stock directly and 24,710 Performance Stock Units directly.
- The reported beneficial ownership includes 392 shares acquired under the Employee Stock Purchase Plan (ESPP) on November 15, 2025.
Sentiment
Score: 6
Explanation: The sentiment is slightly positive due to the successful vesting of Performance Stock Units, indicating the company met a pre-defined stock price performance target. The subsequent dispositions for tax liabilities are routine and expected for such events.
Positives
- The vesting of 8,237 Performance Stock Units (PSUs) indicates the achievement of a specific stock price performance condition, where Consensus Cloud Solutions' common stock closed at or above $26.29 for at least twenty trading days within a thirty-consecutive-trading-day period.
Negatives
- A total of 7,370 shares of common stock were disposed of (6,101 shares on December 6, 2025, and 1,269 shares on December 7, 2025) at a price of $22.41 per share to satisfy tax liabilities incident to the vesting of stock units.
Future Outlook
The filing does not contain explicit forward-looking statements or guidance beyond the details of the reported transactions.
Industry Context
This Form 4 filing reports routine insider transactions for Consensus Cloud Solutions, Inc.'s Chief Technology Officer. Such filings are standard disclosures for publicly traded companies and do not typically provide broader industry context.
Stakeholder Impact
- Shareholders: The transactions represent routine insider activity, specifically the vesting of performance-based equity and subsequent tax-related sales. This is generally not considered a significant market-moving event, especially given the Rule 10b5-1 plan.
Key Dates
| Date | Description |
|---|---|
| 12/06/2024 | Date of grant for the Performance Stock Units (PSUs) that vested on December 6, 2025. |
| 11/15/2025 | Date of acquisition of 392 shares under the Employee Stock Purchase Plan (ESPP). |
| 12/06/2025 | Date of acquisition of 8,237 common shares due to PSU vesting and disposition of 6,101 common shares for tax liability. |
| 12/07/2025 | Date of disposition of 1,269 common shares for tax liability. |
| 12/09/2025 | Date the Form 4 filing was signed. |
Keywords
Consensus Cloud Solutions, CCSI, Jeffrey Alan Sullivan, CTO, Form 4, Insider Transaction, Performance Stock Units, PSU Vesting, Restricted Stock Units, Tax Withholding, Stock Transactions, 10b5-1 Plan
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