Hecker Johannes Rolf Peter 4
Research Summary
AI-generated summary
Consensus Cloud (CCSI) CRO Johannes Hecker Withholds 172 Shares for Taxes
What Happened
- Johannes R. Hecker, Chief Revenue Officer & EVP of Consensus Cloud Solutions (CCSI), had 172 shares withheld to satisfy a tax liability related to vested restricted stock units (RSUs). The shares were valued at $34.00 each, for a total value of $5,848, and are reported as a disposition (withholding) on May 10, 2026. This was a tax-withholding event tied to vesting, not a market sale to generate cash proceeds.
Key Details
- Transaction date: May 10, 2026
- Price per share: $34.00; Shares withheld/disposed: 172; Total value: $5,848
- Form 4 filed: May 12, 2026 (timely within the usual 2 business-day window)
- Transaction code: F — payment of exercise price or tax liability by withholding securities incident to vesting
- Footnote: F1 confirms the shares were withheld to pay a tax liability arising from RSU vesting
- Shares owned after transaction: not specified in the provided filing excerpt
Context
- Withholding shares to cover taxes is a routine administrative action following RSU vesting and does not necessarily indicate the insider's view of the company. This is different from an open-market sale or a purchase; it reduces the insider's share count by the number of shares used for tax payment.