Century Communities chair awarded dividend equivalents
Francescon Dale reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Francescon Dale reported acquisition or exercise transactions in this Form 4 filing.
Century Communities Executive Chairman Dale Francescon reported a routine compensation-related update. He received a grant of 206 dividend equivalent rights that accrued on his existing restricted stock units in connection with a cash dividend on Century Communities’ common stock. Each right is economically equal to one share and will vest and settle in step with the related RSUs.
Following this update, Francescon’s reported holdings include 561,662 shares of common stock held directly and 1,264,762 shares held indirectly through DF Century LLC. The filing does not show any open‑market purchases or sales, only this non-cash award tied to prior equity grants.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 206 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents dividend equivalent rights that accrued on restricted stock units (RSUs) held by the reporting person in conjunction with the payment of a cash dividend on the Issuer's common stock, which dividend equivalent rights will vest and be settled proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
Key Figures
Key Terms
Dividend Equivalent Rights financial
restricted stock units financial
cash dividend financial
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