SCHELLMANN GOTTFRIED 4
4 · CENTURY CASINOS INC /CO/ · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Century Casinos Director Gottfried Schellmann Receives RSU Award
What Happened Gottfried Schellmann, a director of Century Casinos, was reported to have acquired shares via restricted stock unit (RSU) settlement. The Form 4 shows 2,439 shares acquired for $0 and an additional 4,000 RSU-type derivative awards recorded at $0. These were awards/grants (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date (reporting period): March 17, 2026; filing date: March 18, 2026 (timely filing).
- Reported transactions: 2,439 shares acquired (settlement of RSUs) and 4,000 RSU-style derivative awards; both recorded at $0 cash consideration.
- Footnotes: F1–F2 indicate these arose from RSUs; F2 clarifies each RSU equals a contingent right to one share. F3 states the RSUs vest on March 17, 2027 and vested shares will be delivered on March 18, 2027; dividend equivalents accrue as dividends are paid.
- Shares owned after the transactions are not specified in the provided filing excerpt.
Context These entries are awards/settlements of RSUs (not purchases or sales). The 4,000 items are derivative RSUs — a contingent right to receive shares upon vesting next year — so they do not represent immediately tradeable stock. RSU settlements and grants are common compensation for directors and do not, by themselves, indicate a change in insider sentiment about the stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-17+2,439→ 87,796 total - Award
Restricted Stock Units
[F2][F3]2026-03-17+4,000→ 4,000 total→ Common Stock (4,000 underlying)
Footnotes (3)
- [F1]The reporting person acquired these shares upon the settlement of Restricted Stock Units of the issuer.
- [F2]Each restricted stock unit represents a contingent right to receive one share of CNTY common stock.
- [F3]The restricted stock units vest on March 17, 2027. Vested shares will be delivered to the reporting person on March 18, 2027. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on Issuer's common stock.