Form 4: CSG Systems International EVP Rasmani Bhattacharya Reports Tax Withholding Transaction
SEC Form 4 Filing
Rasmani Bhattacharya, EVP and General Counsel of CSG Systems International, reports the disposal of 268 common stock shares to cover tax withholding obligations upon vesting of a restricted stock award on October 10, 2024.
Summary
- On October 10, 2024, Rasmani Bhattacharya, EVP and General Counsel of CSG Systems International, disposed of 268 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of a restricted stock award.
- The shares were disposed of at a price of $47.67 per share.
- Following the transaction, Bhattacharya directly owns 47,632 shares of CSG Systems International common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices and tax obligations. It doesn't indicate any positive or negative sentiment regarding the company's performance.
Industry Context
This is a routine Form 4 filing, which is common for corporate executives who receive stock-based compensation. It indicates a transaction related to tax obligations from vested stock awards, which is a normal part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 2022-05-27 | Effective date of the Power of Attorney. |
| 2024-10-10 | Date of the transaction where 268 shares were disposed of to cover tax obligations. |
| 2024-10-11 | Date of signature for the report. |
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