Varon Adam 4
Research Summary
AI-generated summary
Consensus Cloud (CCSI) CFO Adam Varon Sells 60 Shares to Cover Taxes
What Happened
- Adam Varon, Chief Financial Officer of Consensus Cloud Solutions, had 60 shares withheld to satisfy tax withholding tied to the vesting of restricted stock units. The shares were valued at $34.00 each, a total disposition of $2,040.
- This was a tax-withholding disposition (routine), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-05-10; filing date: 2026-05-12 (filed within the typical reporting window).
- Price per share: $34.00; shares withheld/disposed: 60; total value: $2,040.
- Shares owned after transaction: not specified in the Form 4.
- Footnote: F1 — payment for a tax liability by withholding securities incident to vesting of a Restricted Stock Unit (i.e., shares withheld to cover taxes).
- Transaction code: F (tax withholding), not a buy or voluntary sale.
Context
- This was a tax-withholding event tied to RSU vesting (cashless/withholding disposition), which is routine and does not necessarily indicate a change in the insider’s view of the company.
- For retail investors: purchases typically carry more interpretive weight; tax-withholding disposals are common administrative actions and usually not a signal of insider sentiment.