DIXON JOHN SCOTT 4
Research Summary
AI-generated summary
Century Communities (CCS) CFO John Dixon Exercises RSUs; 741 Shares Withheld
What Happened
- John Dixon, Chief Financial Officer of Century Communities (CCS), reported conversion/exercise of restricted stock units (derivative transactions) on Feb 5, 2026, and a grant of new RSUs on Feb 4, 2026.
- The filing shows exercise/conversion entries for 2,169 and 40 RSU-based shares and a tax/withholding disposition of 741 shares at $69.58 per share, generating $51,559. The Feb 4, 2026 grant awarded 7,266 RSUs (vesting in three roughly equal annual installments).
Key Details
- Transaction dates: Grant on 2026-02-04; conversion/settlement and tax withholding on 2026-02-05. Form filed 2026-02-06 (timely).
- Prices/values: 741 shares withheld at $69.58 = $51,559. Other derivative entries list N/A or $0 per share (representing conversion/settlement mechanics, not open-market sales).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes of note:
- F1: RSUs convert one-for-one into common stock.
- F2: Dividend equivalent rights on RSUs will vest/settle with the RSUs.
- F3/F4: Prior 2025 grant (6,508 RSUs) and the new 2026 grant (7,266 RSUs) vest in three nearly equal annual installments; continued employment required.
- Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax liability (withholding). The 741-share entry is a tax-withholding disposition.
Context
- This looks like a standard RSU vest/settlement plus a new RSU award. The withholding of 741 shares to cover taxes is a routine administrative step and not an open-market sale signal.
- For retail investors: awards and conversions are common compensation events. Purchases (buys) can be more indicative of insider confidence; this filing primarily documents compensation settlement and withholding, not a discretionary sale or purchase.