Szwanek Lori 4
Research Summary
AI-generated summary
CSG Systems (CSGS) SVP Lori Szwanek Receives Restricted Stock Award
What Happened
- Lori Szwanek, SVP and Chief Accounting Officer of CSG Systems International (CSGS), was granted 1,942 shares as a time‑based restricted stock award on January 20, 2026. The grant price reported is $0.00 (typical for compensation awards), so the immediate cash cost to her was $0.
Key Details
- Transaction date: 2026-01-20; Transaction type: Award/Grant (code A); Price: $0.00.
- Vesting: These are time‑based restricted shares that vest on March 10, 2027 (footnote F1).
- Shares owned after transaction: not disclosed in the provided Form 4.
- Filing: Reported on Form 4 filed 2026-01-22 (appears timely under the 2‑business‑day rule).
- No 10b5‑1 plan, sale, or tax‑withholding details reported in this filing.
Context
- Restricted stock awards are compensation: shares are granted now but generally cannot be sold until they vest and may be forfeited if employment ends before vesting. Such grants are routine for executives and are not the same signal as an open‑market purchase or sale.
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