Krulich Karel 4
4 · Consensus Cloud Solutions, Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Consensus Cloud (CCSI) CAO Karel Krulich Withholds 336 Shares for Taxes
What Happened
- Karel Krulich, Chief Accounting Officer of Consensus Cloud Solutions (CCSI), had performance stock units (PSUs) vest and convert into 900 shares on 2026-06-29. Of those, 336 shares were withheld to satisfy tax withholding obligations at $38.26 per share, totaling $12,855. The filing records the conversion/exercise of the derivative award and the tax-withholding disposition.
Key Details
- Transaction date: 2026-06-29; Filing date: 2026-07-01 (appears timely).
- Reported entries:
- Conversion/exercise of derivative (PSUs): 900 shares acquired at $0.00 (code M).
- Tax withholding: 336 shares withheld/disposed at $38.26 each, total $12,855 (code F).
- Shares owned after the transaction: not specified in the filing.
- Footnotes:
- F1: The 336-share disposition was a tax withholding incident to PSU vesting.
- F2: The PSUs vested because the fourth stock-price performance condition was met (common stock closed at or above $33.39 for ≥20 trading days within a 30-day window and the grant reached its first anniversary). Each PSU converts to one share.
- Transaction codes explained: M = conversion/exercise of a derivative (PSU); F = shares withheld to pay taxes.
Context
- This was a vesting and tax-withholding event, not an open-market sale or a purchase. Withholding shares to cover taxes is a routine administrative step when awards vest and does not necessarily indicate positive or negative insider sentiment.
- The vesting was performance-based (stock-price condition met), which resulted in the contingent PSUs converting to common shares.
Insider Transaction Report
Form 4
Krulich Karel
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2026-06-29+900→ 41,701 total - Tax Payment
Common Stock
[F1]2026-06-29$38.26/sh−336$12,855→ 41,365 total - Exercise/Conversion
Performance Stock Unit
[F2]2026-06-29−900→ 0 totalExercise: $0.00→ Common Stock $0.01 Par Value (900 underlying)
Footnotes (2)
- [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 fourth 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 $33.39 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|2026-07-01