Consensus Cloud Solutions, Inc.·4

Jun 29, 4:30 PM ET

Aubee Vithya 4

Research Summary

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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.