DIXON JOHN SCOTT 4
Research Summary
AI-generated summary
Century Communities (CCS) CFO Scott Dixon Exercises RSUs
What happened
- Scott Dixon, Chief Financial Officer of Century Communities (CCS), had restricted stock units (RSUs) convert into common shares on February 7–8, 2026. A total of 4,226 shares were issued on conversion.
- To cover tax withholding, 1,216 shares were surrendered (575 on Feb 7 and 641 on Feb 8) at $69.79 per share, producing tax-withholding values of $40,129 and $44,735 respectively (total $84,864). Other reported disposition entries tied to the conversion show values of $135,462 and $148,653 (totaling $284,115), so the aggregate value associated with these transactions is about $368,979 ($369K).
- This activity appears to be routine RSU vesting with shares withheld for taxes (not an open-market sale or separate discretionary sale).
Key details
- Transaction dates and prices: Feb 7–8, 2026; withholding and disposition entries priced at $69.79 per share.
- Shares converted (acquired): 4,226 total (1,999 on Feb 7; 2,227 on Feb 8). Shares withheld for taxes: 575 (Feb 7) + 641 (Feb 8) = 1,216.
- Reported cash values: tax-withholding ≈ $84,864; other disposition amounts reported ≈ $284,115; combined ≈ $368,979.
- Footnotes: F1–F2 confirm RSUs convert 1-for-1 and include dividend-equivalent rights that vest/settle with the RSUs. F3–F4 reference prior RSU grants (Feb 8, 2023 and Feb 7, 2024) that vest in annual installments.
- Filing timeliness: Report filed Feb 10, 2026 for transactions on Feb 7–8, 2026 (appears timely).
Context
- These entries reflect conversion/settlement of restricted awards (derivative conversion, coded M) and tax-withholding (coded F). Withholding of shares to satisfy tax obligations is common and generally considered routine rather than an expression of changed sentiment.
- No open-market buy or additional discretionary sale by the insider is reported here; the primary action was vesting/conversion and tax-related withholding.