Form 4: CSG Systems Executive Michael Woods Reports Changes in Beneficial Ownership

Michael Woods, EVP at CSG Systems International, reports acquisition and disposal of common stock related to vesting of restricted stock awards.

Summary

• On March 10, 2025, Michael Woods, an Executive Vice President at CSG Systems International, filed a Form 4.
• The filing reports changes in beneficial ownership of CSG Systems International common stock.
• Woods disposed of 1,638 shares to cover tax withholding obligations at a price of $62.04 per share.
• He also acquired 12,161 shares of time-based restricted stock and 18,242 shares of performance-based restricted stock.
• Following these transactions, Woods beneficially owns 55,985.8507 shares of CSG Systems International common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation. The acquisition of restricted stock is a positive sign, but the disposal of shares for tax obligations is a standard procedure.

Positives

• Acquisition of 12,161 shares of time-based restricted stock indicates continued alignment with the company's long-term success.
• Acquisition of 18,242 shares of performance-based restricted stock suggests confidence in achieving performance targets.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the alignment of management's interests with shareholders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they relate to executive compensation and do not indicate a change in the company's fundamentals.

Key Dates