Hecker Johannes Rolf Peter 4
4 · Consensus Cloud Solutions, Inc. · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
Consensus Cloud (CCSI) CRO Johannes Hecker Receives 13,985 Shares
What Happened
Johannes R. Hecker, Chief Revenue Officer & EVP of Consensus Cloud Solutions (CCSI), had performance-based equity convert into common stock on June 25, 2026. The filing shows conversion/exercise of derivative awards totaling 13,985 shares (5,000 shares recorded at $0.00 and 8,985 shares recorded at $35.03 for $314,745). To cover tax withholding, 6,835 shares were disposed/withheld at $35.03, yielding $239,430. Net shares delivered to Hecker after withholding were 7,150 (approximately $250,465 at $35.03/share). These transactions reflect vesting/conversion rather than an open-market purchase or voluntary sale.
Key Details
- Transaction date: June 25, 2026 (reported on Form 4 filed June 29, 2026).
- Acquisitions: 5,000 shares @ $0.00 (conversion of PSUs); 8,985 shares @ $35.03 = $314,745.
- Dispositions/withholding: 6,835 shares @ $35.03 = $239,430 (to pay tax liability).
- Net shares retained by insider: 7,150 shares (13,985 acquired − 6,835 withheld). Estimated market value of net shares ≈ $250,465 at $35.03/sh.
- Footnotes: Vesting tied to achieving stock-price performance conditions for PSU grants (dec. 7, 2023 and dec. 6, 2024). Withholding of shares was used to satisfy tax obligations.
- Filing timeliness: Report filed within the normal reporting window (filed 6/29 for 6/25 transaction); no late filing indicated.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
These entries reflect conversion/vesting of performance share units (PSUs) upon satisfaction of stock-price conditions — a common executive compensation event. The withholding/disposition of shares to cover taxes is routine and not the same as an open-market sale. For retail investors, receipt/vesting of shares is generally informational (shows compensation realization) rather than a straightforward bullish or bearish insider trade signal.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-06-25+5,000→ 112,681 total - Exercise/Conversion
Common Stock
2026-06-25$35.03/sh+8,985$314,745→ 121,666 total - Tax Payment
Common Stock
[F1]2026-06-25$35.03/sh−6,835$239,430→ 114,831 total - Exercise/Conversion
Performance Stock Unit
[F2]2026-06-25−5,000→ 5,000 totalExercise: $0.00→ Common Stock $0.01 Par Value (5,000 underlying) - Exercise/Conversion
Performance Stock Unit
[F3]2026-06-25−8,985→ 0 totalExercise: $0.00→ Common Stock $0.01 Par Value (8,985 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.