Hecker Johannes Rolf Peter 4

What Happened
Johannes R. Hecker, Chief Revenue Officer & EVP of Consensus Cloud Solutions (CCSI), received equity awards and converted derivative units on Feb 9, 2026. The Form 4 reports a grant/award of 29,762 shares (code A) and an exercise/conversion of 14,881 derivative units into shares (code M). Both transactions are reported with an acquisition price of $0.00 on the Form 4 (total reported cash value $0), indicating these were equity awards/settlements rather than open-market purchases or sales.

Key Details

• Transaction dates: Feb 9, 2026; Form 4 filed Feb 11, 2026 (appears to be filed within the standard reporting window).
• Price(s): $0.00 reported for both the award (A) and the exercise/conversion (M); total cash consideration reported $0.
• Shares acquired: 29,762 (award) and 14,881 (derivative conversion).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 = Restricted Stock Unit awarded under the 2021 Stock Plan; F2 = Performance Stock Unit under the 2021 Stock Plan; F3 = PSU shares become eligible to vest only after the performance trigger is met and the grant has been held at least 12 months.
• No indication of a 10b5-1 plan, sale, tax-withholding share-for-fee, or other disposition in the provided data.

Context
These are compensatory equity awards and a conversion/settlement of derivative units into shares — routine executive compensation actions — not purchases or sales that signal immediate market buying or selling. The reported $0 acquisition on the Form 4 reflects grant/settlement accounting; it does not state the market value of the shares at the time. The PSUs are subject to performance and holding conditions per footnote F3, so some shares may not be freely vested or transferable until triggers and holding periods are satisfied.