Form 4: CSG Systems International SVP Lori Szwanek Reports Changes in Beneficial Ownership

Lori Szwanek, SVP and Chief Accounting Officer of CSG Systems International, reports changes in beneficial ownership of company stock due to tax withholding and vesting of restricted stock awards.

Summary

• Lori Szwanek, SVP and Chief Accounting Officer of CSG Systems International, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• On March 10, 2025, 332 shares were disposed of to cover tax withholding obligations upon the vesting of a restricted stock award at a price of $62.04 per share.
• Also on March 10, 2025, Ms. Szwanek acquired 3,742 shares of time-based restricted stock and 2,495 shares of performance-based restricted stock.
• Following these transactions, Ms. Szwanek beneficially owns 17,429.4546 shares of CSG Systems International stock.
• The time-based restricted stock vests in three equal annual installments starting on the first anniversary of the grant date.
• The performance-based restricted stock vests depending on the achievement of predetermined performance measures at the end of two-year or three-year performance periods.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, with neutral sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but it is not expected to be significant.

Key Dates