Form 4: CSG Systems Executive Michael Woods Reports Stock Transaction
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
| Date | Description |
|---|---|
| 05/12/2025 | Date of stock transaction |
| 05/13/2025 | Date of report filing |
Keywords
Form 4, CSG Systems International, Michael Woods, Stock Transaction, Beneficial Ownership, Tax Withholding
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