CSG SYSTEMS INTERNATIONAL INC·4

Mar 11, 4:08 PM ET

Dunavant Chad 4

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CSG Systems EVP Chad Dunavant Shares Withheld for Taxes (1,474)

What Happened Chad Dunavant, EVP Product & Strategy Officer at CSG Systems International (CSGS), had 1,474 shares withheld by the issuer to cover tax withholding associated with a restricted stock award. The shares were valued at $79.88 each, totaling approximately $117,743. This is a tax-withholding disposition (routine), not an open-market sale.

Key Details

  • Transaction date: 2026-03-11 (filing date: 2026-03-11)
  • Price per share: $79.88; Shares withheld/disposed: 1,474; Total value: ~$117,743
  • Shares owned after transaction: Not reported in the supplied filing details
  • Footnote: F1 — shares were withheld by the issuer to cover tax withholding on vested restricted stock
  • Filing status: Filed on 2026-03-11; no late-filing flag indicated in the provided data

Context This transaction reflects a cashless tax-withholding event tied to RSU vesting (code F), which reduces the insider’s share count but is a common administrative action and not necessarily a signal of the insider’s view on the stock. Unlike an open-market sale, withheld shares are retained by the company to satisfy tax obligations.