4Filed Aug 24, 8:00 PM ET
Consensus Cloud (CCSI) CRO Hecker Sells 307 Shares to Cover Taxes
$CCSI · Consensus Cloud Solutions, Inc.Research Summary
AI-generated summary of this SEC filing
Consensus Cloud (CCSI) CRO Hecker Sells 307 Shares to Cover Taxes
What Happened
- Johannes Rolf Peter Hecker, Chief Revenue Officer & EVP of Consensus Cloud Solutions (CCSI), had 307 shares disposed/withheld to satisfy a tax liability connected to the vesting of restricted stock units. The shares were valued at $38.77 each, for a total value of $11,902.
- This was a tax-withholding disposition (routine), not an open-market sale or a buy; such withholdings are common when RSUs vest and do not necessarily signal a change in insider sentiment.
Key Details
- Transaction date: 2026-08-22
- Price per share: $38.77; Total value: $11,902
- Transaction code: F (payment of exercise price or tax liability by withholding securities)
- Footnote: F1 — Payment for a tax liability by withholding securities incident to vesting of a certain Restricted Stock Unit.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: No late-filing indication provided in the supplied data.
Context
- This was a cashless tax-withholding event tied to RSU vesting: the company withheld 307 vested shares to cover required taxes rather than the insider selling shares on the open market.
- Such withholding transactions are routine administrative actions and are generally less informative about the insider's market outlook than open-market purchases or voluntary sales.