Form 4: CSG Systems EVP & CFO Hai Tran Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Hai Tran, EVP & CFO of CSG Systems International, reports changes in beneficial ownership of company stock due to tax withholding and vesting of restricted stock awards.
Summary
- Hai Tran, the EVP & CFO of CSG Systems International, filed a Form 4 on March 11, 2025, reporting changes in beneficial ownership of CSG Systems International Inc. stock.
- On March 10, 2025, 7,285 shares were disposed of to cover tax withholding obligations upon the vesting of a restricted stock award at a price of $62.04 per share.
- Also on March 10, 2025, Hai Tran acquired 19,053 shares of time-based restricted stock and 28,579 shares of performance-based restricted stock.
- Following these transactions, Hai Tran beneficially owns 140,519.2826 shares of CSG Systems International Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership.
- The filing ensures compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 2022-04-06 | Effective date of Power of Attorney. |
| 2025-03-10 | Date of stock transactions: disposal of shares for tax withholding and acquisition of restricted stock. |
| 2025-03-11 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.