Francescon Robert J 4

What Happened
Robert J. Francescon, CEO, President and a director of Century Communities, received a performance-share-unit payout on Feb 4, 2026 that converted into 197,773 shares of common stock (awarded at $0 on the Form 4). To cover the related tax liability, 84,426 shares were disposed (code F) at $68.81 per share, producing proceeds of $5,809,353. The award covers the 2023–2025 performance period and includes accrued dividend-equivalent rights.

Key Details

• Transaction date: February 4, 2026; Form 4 filed Feb 6, 2026 (timely filing).
• Award: 197,773 shares (performance share unit payout) reported as acquisition (code A) at $0.00 on the Form 4.
• Tax withholding/disposition: 84,426 shares disposed (code F) at $68.81, total $5,809,353.
• Footnote: PSU payout for the 2023–2025 period, includes 7,717 dividend-equivalent rights, paid under the 2022 Omnibus Incentive Plan as approved by the compensation committee.
• Shares owned after transaction: not specified in the provided filing.

Context
This was a compensation payout (performance share units converted to stock) rather than an outright open-market buy or sell for investment purposes. The share disposition was a routine tax-withholding action (common for equity awards) and should not be interpreted as a standalone bullish or bearish signal. Purchases by insiders typically carry more informational weight than standard award settlements or tax withholding.