|4Feb 13, 4:19 PM ET

Francescon Dale 4

Research Summary

AI-generated summary

Updated

Century Communities (CCS) Exec Chairman Dale Francescon Sells 100,100 Shares

What Happened Dale Francescon, Executive Chairman and Director of Century Communities (CCS), sold a total of 100,100 shares in open-market transactions on February 12, 2026, generating approximately $7.25 million in proceeds. The sales were reported as two grouped transactions: 87,736 shares at a weighted-average price of $72.32 (≈ $6,345,068) and 12,364 shares at a weighted-average price of $73.29 (≈ $906,158). These were sales (not purchases), which are often routine insider disposals rather than a direct bullish signal.

Key Details

  • Transaction date: February 12, 2026; Form 4 filed February 13, 2026 (timely filing).
  • Reported sales:
    • 87,736 shares @ weighted-average $72.32 = $6,345,068 (prices in this block ranged $72.00–$72.98 per footnote).
    • 12,364 shares @ weighted-average $73.29 = $906,158 (prices in this block ranged $73.00–$73.85 per footnote).
  • Total shares sold: 100,100; approximate total proceeds: $7,251,226.
  • Shares owned after the transaction: not specified in the information provided in this summary (see the Form 4 for reported beneficial ownership).
  • Footnotes: Both sales are reported with weighted-average prices and note multiple trade prices within the given ranges; the filer offers to provide detailed per-price sell counts on request.
  • Filing timeliness: The Form 4 was filed the day after the transaction date (no late-filing flag reported).

Context These were open-market sales by a senior executive. Sales by insiders can be for many reasons (diversification, tax planning, liquidity) and do not by themselves indicate company performance. For retail investors, purchases by insiders can be more indicative of confidence, while sales like this are common and should be interpreted alongside other signals (company results, trends in insider activity, and broader market factors). For full details, consult the filed Form 4 and its footnotes.