Aubee Vithya 4

What Happened On 2026-06-29, Aubee Vithya, Chief Legal Officer of Consensus Cloud Solutions (CCSI), had 3,500 performance stock units (PSUs) vest and convert into 3,500 shares. To satisfy tax withholding, 2,122 of those shares were withheld/disposed at $38.26 per share, generating $81,188. The net result of this vesting event was an increase of 1,378 shares (3,500 acquired minus 2,122 withheld).

Key Details

• Transaction date: 2026-06-29 (Form 4 filed 2026-07-01).
• Reported transactions:
  • Code M (exercise/conversion of derivative): 3,500 shares acquired at $0.00 (PSUs converted to common stock).
  • Code F (payment of tax liability by withholding): 2,122 shares disposed at $38.26 = $81,188 (shares withheld to cover taxes).
  • A concurrent Code M line shows the derivative interest converted/removed (3,500) as part of the vesting.
• Shares owned after transaction: total beneficial ownership not disclosed in the provided data; net share change from this event = +1,378 shares.
• Footnotes:
  • F1: The 2,122-share disposition was a withholding to pay taxes on the vesting.
  • F2: Vesting occurred because the fourth of four stock-price performance conditions was met (each PSU converts to one share once performance and timing conditions were satisfied).
• Timeliness: Form filed July 1, 2026; no late-filing flag indicated in the provided details.

Context This was a performance-unit vesting and tax-withholding event, not an open-market purchase or discretionary sale. PSUs converted 1:1 to common shares when performance and time conditions were met; shares were withheld by the company to cover tax obligations. Such withholding transactions are routine and reflect tax payment mechanics rather than an insider choosing to sell shares on the market.