Century Communities (CCS) Exec Chairman Dale Francescon Receives Award

What Happened

• Dale Francescon, Executive Chairman and director of Century Communities (CCS), was credited with 191 units on 2026-09-09 described as an award/acquisition (code A) at $0.00 per unit (total reported value $0). These are derivative dividend-equivalent rights tied to existing restricted stock units (RSUs), not an open-market purchase.

Key Details

• Transaction date: 2026-09-09; Form 4 filed: 2026-09-11.
• Transaction type/code: Award/acquisition (A); price per unit reported $0.00.
• Quantity: 191 dividend-equivalent rights (each equals the economic equivalent of one share).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: These 191 items are dividend equivalent rights that accrued on RSUs and will vest and be settled proportionately with those RSUs (each DIV-equivalent = one share).
• Timeliness: Filing was submitted on 2026-09-11 for a 2026-09-09 transaction (no late-filing indication in the provided data).

Context

• This was not a cash purchase or sale of common stock; it reflects dividend-equivalent credits tied to RSUs and is typically part of compensation/benefit mechanics rather than a direct market signal. When the related RSUs vest and settle, these rights may convert into shares or cash per the plan terms.