Form 4: CSG Systems Executive Michael Woods Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Michael Woods, EVP at CSG Systems International, reports a transaction involving common stock to cover tax withholding obligations.

Summary

  • On May 12, 2025, Michael Woods, an Executive Vice President at CSG Systems International, reported a transaction involving the company's common stock.
  • The transaction involved the disposal of 211 shares at a price of $66.01 per share.
  • These shares were withheld by the issuer to cover tax withholding obligations upon the vesting of a restricted stock award.
  • Following the transaction, Woods beneficially owns 55,774.8507 shares of CSG Systems International.
  • The transaction was reported on May 13, 2025.

Sentiment

Score: 5

Explanation: The document reports a routine transaction related to tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to stock awards.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for covering tax obligations.

Key Dates

DateDescription
05/12/2025Date of stock transaction
05/13/2025Date of report filing

Keywords

Form 4, CSG Systems International, Michael Woods, Stock Transaction, Beneficial Ownership, Tax Withholding

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