Form 4: CSG Systems International Executive Eric Carrasquilla Reports Changes in Beneficial Ownership

Eric Carrasquilla, EVP Pres. Customer Experience at CSG Systems International, reports acquisition and disposal of common stock due to tax withholding and vesting of restricted stock.

Summary

• On March 10, 2024, Eric Carrasquilla, EVP Pres. Customer Experience at CSG Systems International, filed a Form 4 indicating changes in beneficial ownership of the company's common stock.
• The transactions include the disposal of 1,766 shares to cover tax withholding obligations upon the vesting of a restricted stock award at a price of $53.96 per share.
• Carrasquilla also acquired 4,970 shares of time-based restricted stock and 7,454 shares of performance-based restricted stock, both at a price of $0.
• Following these transactions, Carrasquilla beneficially owns 31,677 shares of CSG Systems International common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, providing transparency to investors.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments and tax obligations.

Key Dates