Aubee Vithya 4
4 · Consensus Cloud Solutions, Inc. · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
Consensus Cloud (CCSI) CLO Aubee Vithya Exercises PSUs, Withholds Shares
What Happened
Aubee Vithya, Chief Legal Officer of Consensus Cloud Solutions (CCSI), had performance-based equity convert to common stock on June 25, 2026. The filing shows conversion/exercise of 9,864 derivative units (3,500 shares and 6,364 shares). The 6,364-share conversion is reported at $35.03 per share (total $222,931); 3,500 shares are shown with a $0 per-share exercise amount. To satisfy withholding for taxes, 5,981 shares were surrendered, recorded as a disposal valued at $20,951,443. Net new shares retained by Vithya after withholding: 3,883 shares.
Key Details
- Transaction date: June 25, 2026; Form 4 filed June 29, 2026 (filing appears timely).
- Acquisitions: 3,500 shares @ $0.00 and 6,364 shares @ $35.03 (total reported cash of $222,931).
- Disposals: 5,981 shares withheld to pay taxes (reported value $20,951,443); two derivative disposals of 3,500 and 6,364 shares shown at $0 (reflecting the conversion/settlement).
- Shares owned after transaction: not specified in the excerpt of the filing.
- Footnotes: F1 = withholding to pay tax liability on vesting PSUs. F2 = vesting tied to meeting the 3rd of 4 performance conditions from a 12/7/2023 PSU grant. F3 = vesting tied to meeting the 4th of 4 performance conditions from a 12/6/2024 PSU grant. Each PSU converts to one share when conditions are met.
Context
- These were vesting/conversion events for Performance Stock Units (PSUs), not open‑market sales. The withholding of 5,981 shares to cover taxes is a common, administrative step (net share settlement) and should not be read as a market-sale signal.
- The filing shows one conversion recorded at $35.03/share; the large withholding amount reflects the tax obligation on the vested PSUs. No 10b5-1 plan or late-filing flag is indicated in the provided excerpt.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-06-25+3,500→ 74,048 total - Exercise/Conversion
Common Stock
2026-06-25$35.03/sh+6,364$222,931→ 80,412 total - Tax Payment
Common Stock
[F1]2026-06-25$3503.00/sh−5,981$20,951,443→ 74,431 total - Exercise/Conversion
Performance Stock Unit
[F2]2026-06-25−3,500→ 3,500 totalExercise: $0.00→ Common Stock $0.01 Par Value (3,500 underlying) - Exercise/Conversion
Performance Stock Unit
[F3]2026-06-25−6,364→ 0 totalExercise: $0.00→ Common Stock $0.01 Par Value (6,364 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.