Francescon Robert J 4

What Happened

• Robert J. Francescon, CEO, President and Director of Century Communities (CCS), received an award on 2026-06-10 consisting of 360 derivative units reported as acquired at $0.00.
• The filing reports these as dividend-equivalent rights tied to restricted stock units (RSUs), so no cash was paid; the Form 4 lists a $0 acquisition value.

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (appears to be filed within the typical 2-business-day window).
• Reported transaction: 360 derivative units @ $0.00 (code A — award/grant).
• Post-transaction holdings: not specified in the provided filing data.
• Footnote: These 360 units are dividend equivalent rights that accrued on RSUs and will vest and be settled proportionately with those RSUs; each right is the economic equivalent of one share.
• No indication in this filing of a sale, purchase for cash, tax withholding, or 10b5-1 plan.

Context

• This transaction is an award of dividend equivalent rights tied to existing RSUs (a derivative grant), not an open-market purchase or sale. The economic value will depend on the underlying stock price and the RSU vesting/settlement terms when they vest.
• Such awards are common as part of executive compensation and do not, by themselves, signal a buy or sell view.