Varon Adam 4

4 · Consensus Cloud Solutions, Inc. · Filed Jun 29, 2026

AI-generated summary of this filing

Updated Jun 29, 2026

Consensus Cloud (CCSI) CFO Adam Varon Exercises PSUs; Withholds Shares

What Happened

Adam Varon, CFO of Consensus Cloud Solutions, converted/exercised derivative awards on 2026-06-25, resulting in 2,872 shares being issued to him (1,250 shares at $0.00 and 1,622 shares with a $35.03 per-share amount, totaling $56,819).
To satisfy tax withholding obligations, 1,201 of those shares were withheld/disposed (reported as a payment of tax liability) valued at $42,071. Net after the transactions, Varon received 1,671 additional shares (2,872 issued minus 1,201 withheld).

Key Details

Transaction date: 2026-06-25; Form 4 filed 2026-06-29 (timely within two business days).
Acquisitions: 1,250 shares @ $0.00 (conversion/vesting); 1,622 shares @ $35.03 (exercise/conversion) — $56,819 total cash value for the latter.
Dispositions: 1,201 shares withheld to pay taxes @ $35.03 = $42,071; two derivative disposals at $0 reflect the conversion/settlement of awards.
Footnotes: F1 = shares withheld to pay tax liability on vesting PSUs. F2/F3 = vesting triggered by achievement of stock-price performance conditions for PSU grants made 12/7/2023 and 12/6/2024 (each PSU = right to one share).
Shares owned after the transaction: not specified in the supplied filing details.

Context

These were derivative-related settlements (PSUs/performance awards and conversion/exercise events). The withholding of shares to cover taxes is a common non-market sale and does not necessarily indicate a bearish view.
For retail investors, purchases or conversions that increase insider ownership (net +1,671 shares here) can be informative; however, vesting/withholding events are often routine compensation-related transactions.

Form 4

Period: 2026-06-25

Chief Financial Officer

Transactions

Exercise/Conversion
Common Stock
2026-06-25+1,250→ 42,442 total
Exercise/Conversion
Common Stock
2026-06-25$35.03/sh+1,622$56,819→ 44,064 total
Tax Payment
Common Stock
[F1]
2026-06-25$35.03/sh−1,201$42,071→ 42,863 total
Exercise/Conversion
Performance Stock Unit
[F2]
2026-06-25−1,250→ 1,250 total
Exercise: $0.00→ Common Stock $0.01 Par Value (1,250 underlying)
Exercise/Conversion
Performance Stock Unit
[F3]
2026-06-25−1,622→ 0 total
Exercise: $0.00→ Common Stock $0.01 Par Value (1,622 underlying)

Footnotes (3)

[F1]Payment for a tax liability by withholding securities incident to vesting of a certain Performance Stock Unit.
[F2]This vesting event signifies the achievement of the third of four stock price performance conditions associated with a grant of performance share units ("PSUs") made on December 7, 2023. The condition was met when the Company's common stock closed at or above $31.06 for at least twenty (20) trading days within a period of thirty (30) consecutive trading days and the grant reached its first anniversary. Each PSU represents a contingent right to receive one share of the Company's common stock.
[F3]This vesting event signifies the achievement of the fourth of four stock price performance conditions associated with a grant of performance share units ("PSUs") made on December 6, 2024. The condition was met when the Company's common stock closed at or above $30.44 for at least twenty (20) trading days within a period of thirty (30) consecutive trading days and the grant reached its first anniversary. Each PSU represents a contingent right to receive one share of the Company's common stock.

Signature

/s/ Vithya Aubee, Attorney-in-Fact|2026-06-29

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