Francescon Robert J 4

What Happened

• Robert J. Francescon, CEO, President and a director of Century Communities, was granted 64,492 restricted stock units (RSUs) on May 6, 2026. The award is reported as a derivative grant (transaction code A) at $0.00 per share (no cash purchase).

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (timely filing).
• Amount granted: 64,492 RSUs; reporting entry shows price $0.00 and classification as a derivative award (A).
• Vesting: RSUs vest in three nearly equal annual installments beginning on the first anniversary of the grant (May 6, 2027), subject to continued employment (see footnote F2).
• Conversion: RSUs convert one-for-one into common stock upon vesting (footnote F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• No sale, purchase, or option exercise occurred; this is a compensation award.

Context

• RSU grants are a form of equity compensation that typically align executive pay with shareholder value over time; they are not an outright purchase or sale and do not on their own indicate buying/selling sentiment.
• Because these RSUs are time‑vesting, the economic interest is conditional on continued employment and future vesting events.