Century Communities (NYSE: CCS) CEO granted 64,492 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Communities, Inc. CEO and President Robert J. Francescon reported a compensation-related equity grant. On May 6, 2026, he received 64,492 restricted stock units, which convert into common stock on a one-for-one basis.
These RSUs vest in three nearly equal annual installments starting on the first anniversary of the grant date, contingent on his continued employment. Following this filing, he holds 711,764 shares of common stock directly and 887,793 shares indirectly through RJF Century LLC, in addition to the newly granted RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Francescon Robert J
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 64,492 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 64,492 shares (Direct, null);
Common Stock — 887,793 shares (Indirect, By RJF Century LLC);
Common Stock — 711,764 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert into the Issuer's common stock on a one-for-one basis. On May 6, 2026, the reporting person was granted 64,492 restricted stock units, vesting in three nearly equal annual installments beginning on the first anniversary of the grant date, provided that, except as otherwise provided in the award agreement, the reporting person remain continuously employed by the Company through the applicable vesting date.
Key Figures
RSU grant size: 64,492 units
RSU conversion ratio: 1:1 into common stock
Direct common shares: 711,764 shares
+1 more
4 metrics
RSU grant size
64,492 units
Restricted stock units granted on May 6, 2026
RSU conversion ratio
1:1 into common stock
Each restricted stock unit converts into one common share
Direct common shares
711,764 shares
Direct ownership following reported transactions
Indirect common shares
887,793 shares
Indirect ownership by RJF Century LLC
Key Terms
Restricted stock units, indirect ownership, vesting, grant
4 terms
Restricted stock units financial
"Restricted stock units convert into the issuer's common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
indirect ownership financial
"Common stock reported as indirectly owned by RJF Century LLC."
vesting financial
"The restricted stock units vest in three nearly equal annual installments."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant financial
"On May 6, 2026, the reporting person was granted 64,492 restricted stock units."
FAQ
What did Century Communities (CCS) CEO report in this Form 4?
Century Communities CEO Robert J. Francescon reported a grant of 64,492 restricted stock units. These RSUs are a form of equity compensation that convert into common stock on a one-for-one basis, increasing his potential future ownership if vesting conditions are met.
How many restricted stock units did the CCS CEO receive?
Robert J. Francescon received 64,492 restricted stock units. Each unit represents the right to receive one share of Century Communities common stock, subject to vesting over time based on continued employment with the company under the award’s terms.
When do the Century Communities CEO’s new RSUs vest?
The 64,492 restricted stock units vest in three nearly equal annual installments. Vesting begins on the first anniversary of the May 6, 2026 grant date, provided he remains continuously employed by Century Communities through each applicable vesting date.
Do the restricted stock units for CCS convert into common stock at a set ratio?
Yes. The restricted stock units convert into Century Communities common stock on a one-for-one basis. This means each of the 64,492 RSUs represents a right to receive one share of common stock upon satisfaction of the vesting and other applicable conditions.
Are the CCS CEO’s new RSUs tied to performance or employment?
The restricted stock units are tied to continued employment. They vest in three nearly equal annual installments beginning one year after the May 6, 2026 grant date, provided Robert J. Francescon remains continuously employed through each vesting date.