Varon Adam 4
4 · Consensus Cloud Solutions, Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Consensus Cloud (CCSI) CFO Adam Varon Receives 1,250 PSU Shares
What Happened
- Adam Varon, Chief Financial Officer of Consensus Cloud Solutions, reported the vesting/conversion of 1,250 performance share units (PSUs) into common shares on June 29, 2026. The filing shows 1,250 shares acquired via exercise/conversion (code M) at $0.00 and a simultaneous withholding of 523 shares (code F) at $38.26 each to cover tax liabilities, totaling $20,010. Net delivered shares to Varon = 1,250 − 523 = 727 shares.
Key Details
- Transaction date: June 29, 2026 (reported on Form 4 filed July 1, 2026). Filing appears timely (within SEC two-business-day requirement).
- Acquisition: 1,250 shares converted from PSUs (code M) at $0.00 per share.
- Tax withholding: 523 shares withheld (code F) at $38.26 per share = $20,010.
- Net shares received by insider: 727 shares.
- Footnotes: F1 — withholding to pay tax liability on vested PSUs. F2 — vesting triggered by achievement of the fourth of four stock-price performance conditions (stock closed ≥ $33.39 for at least 20 of 30 consecutive trading days and grant reached its first anniversary); each PSU converts to one share.
- Shares owned after the transaction: not specified in the filing.
Context
- This was not an open-market buy or sale signaling a trading decision; it was the automatic vesting/conversion of performance awards and routine tax withholding. For derivative entries, "M" indicates conversion/exercise of a derivative (the PSUs), and "F" indicates shares withheld to satisfy tax obligations. Purchases typically carry more informational weight for bullish signals; vesting + withholding is standard compensation mechanics.
Insider Transaction Report
Form 4
Varon Adam
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2026-06-29+1,250→ 44,113 total - Tax Payment
Common Stock
[F1]2026-06-29$38.26/sh−523$20,010→ 43,590 total - Exercise/Conversion
Performance Stock Unit
[F2]2026-06-29−1,250→ 0 totalExercise: $0.00→ Common Stock $0.01 Par Value (1,250 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