$CSGS

CSG SYSTEMS INTERNATIONAL INC

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No SEC Form 4 filings for $CSGS in the last 30 days.

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NEC buyout sees CSG Systems (CSGS) director’s shares redeemed for cash

CSG Systems International director Silvio Tavares disposed of 22,560 common shares of CSGS stock and 3,085 unvested restricted stock awards (RSAs) in connection with the company's merger with NEC Corporation. Each share and RSA was redeemed for $80.70 in cash, reflecting CSG Systems becoming a wholly owned subsidiary of NEC. This transaction confirms the mechanics of the previously agreed-upon all-cash merger.

[Form 4] CSG SYSTEMS INTERNATIONAL INC Insider Trading Activity

CSG Systems International executive Michael Joseph Woods disposed of 53,196.8507 shares of common stock as part of the company's cash merger with NEC Corporation, where each share was converted into $80.70 in cash. Following this transaction, his direct common stock holdings are zero, although 10,946 unvested restricted stock awards will convert to cash upon vesting under the merger terms. This insider transaction highlights the financial conclusion for executives tied to the acquisition.