Century Communities CEO Robert Francescon Receives 333 RSU Awards

What Happened Robert J. Francescon, President, CEO and a director of Century Communities, was granted 333 derivative units on 2026-09-09. The Form 4 reports an award (transaction code A) of 333 units at $0.00 — these are dividend-equivalent rights tied to restricted stock units (RSUs), not an open‑market purchase. No cash was paid; the economic value will depend on the underlying shares when the RSUs and related dividend equivalents vest and settle.

Key Details

• Transaction date: 2026-09-09; Form 4 filed: 2026-09-11 (appears timely).
• Transaction type/code: Award/Grant (A) of derivative dividend-equivalent rights; reported price $0.00.
• Quantity: 333 dividend-equivalent units (each unit is economically equivalent to one share).
• Shares owned after transaction: not specified in the reported data.
• Footnote: These units are dividend equivalent rights that accrued on RSUs and will vest and be settled proportionately with the RSUs to which they relate (per footnote F1).
• Filing timeliness: filed two days after the transaction, within the typical Section 16 reporting window.

Context Dividend-equivalent rights are compensation adjustments that mirror cash dividends on common stock and are settled in shares (or cash) when the related RSUs vest. Awards like this are routine executive compensation and do not, by themselves, indicate buying or selling sentiment in the open market.