Consensus Cloud Solutions, Inc.·4

Jul 1, 4:30 PM ET

Krulich Karel 4

4 · Consensus Cloud Solutions, Inc. · Filed Jul 1, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-06-29
Krulich Karel
Chief Accounting Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2026-06-29+90041,701 total
  • Tax Payment

    Common Stock

    [F1]
    2026-06-29$38.26/sh336$12,85541,365 total
  • Exercise/Conversion

    Performance Stock Unit

    [F2]
    2026-06-299000 total
    Exercise: $0.00Common 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

Documents

1 file
  • 4
    marketforms-73510.xmlPrimary

    PRIMARY DOCUMENT