Form 4: CSG Systems EVP Rasmani Bhattacharya Reports Changes in Beneficial Ownership

Rasmani Bhattacharya, EVP and General Counsel of CSG Systems International, reports acquisition of performance-based restricted stock and shares withheld for tax obligations.

Summary

• On February 20, 2025, Rasmani Bhattacharya, EVP and General Counsel of CSG Systems International, reported changes in beneficial ownership.
• Bhattacharya acquired 1,940 shares of common stock due to the achievement of pre-determined market performance objectives as part of the 2023 LTIP.
• Additionally, 4,497 shares were disposed of at a price of $64.29 to cover tax withholding obligations upon the vesting of performance-based restricted stock awards.
• Following these transactions, Bhattacharya beneficially owns 45,075 shares of CSG Systems International.
• A power of attorney was granted to Nicholas Claassen, Aisha Qureshi, Stacey Langley, Meghan Zinn and Alyssa Gubics to execute forms on behalf of Rasmani Bhattacharya.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing primarily reflects routine transactions related to executive compensation and tax obligations. The acquisition of shares due to performance is a slightly positive indicator.

Positives

• The acquisition of 1,940 shares indicates a positive performance achievement related to the 2023 LTIP.

Negatives

• The disposal of 4,497 shares to cover tax obligations reduces the total number of shares beneficially owned.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect executive compensation and tax-related share disposals.

Key Dates

Keywords

beneficial ownership, Form 4, CSG Systems International, Rasmani Bhattacharya, LTIP, restricted stock, tax withholding, power of attorney