December 18, 2025 · Form 4 insider transaction
Shepherd Brian A. sold 114,600 shares of CSG TECHNOLOGIES HOLDINGS, INC at $77.02 per share, a transaction worth $8.83M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Represents shares withheld by the Issuer to cover tax withholding obligations upon vesting of a restricted stock award and/or a performance-based restricted stock award.; In connection with the transactions contemplated by the Agreement and Plan of Merger, dated as of October 29, 2025, by and among the Issuer, NEC Corporation and Canvas Transaction Company, Inc. (the "Merger Agreement"), the Board of Directors (or authorized committee thereof) of the Issuer accelerated the vesting of certain restricted stock awards and performance-based restricted stock awards (i) pursuant to the terms of the Merger Agreement or (ii) in connection with tax-planning actions to mitigate adverse tax consequences of Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended.