Century Communities CEO gets 333 dividend rights
Century Communities’ CEO received additional dividend-equivalent rights tied to RSUs, with total direct and indirect common stock holdings now over 1.5 million shares.
Rhea-AI Filing Summary
Century Communities, Inc. (CCS) reported that CEO and President Robert J. Francescon acquired 333 Dividend Equivalent Rights on September 9, 2026. These rights accrued on existing restricted stock units in connection with a cash dividend on common stock and will vest and settle proportionately with the related RSUs.
Each Dividend Equivalent Right is the economic equivalent of one share of common stock, increasing Mr. Francescon’s reported Dividend Equivalent Rights holdings to 693. His reported common stock holdings total 711,764 shares held directly and 887,793 shares held indirectly through RJF Century LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 333 shares
Grant/Award
3 txns
Insider
Francescon Robert J
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 333 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 693 contracts (Direct);
Common Stock — 887,793 shares (Indirect, By RJF Century LLC);
Common Stock — 711,764 shares (Direct)
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
Dividend Equivalent Rights acquired: 333 rights
Dividend Equivalent Rights after transaction: 693 rights
Direct common stock holdings: 711,764 shares
+3 more
6 metrics
Dividend Equivalent Rights acquired
333 rights
Grant on September 9, 2026 to CEO and President Robert J. Francescon
Dividend Equivalent Rights after transaction
693 rights
Total Dividend Equivalent Rights held following the September 9, 2026 award
Direct common stock holdings
711,764 shares
Common stock held directly by Robert J. Francescon after the reported event
Indirect common stock holdings
887,793 shares
Common stock held indirectly through RJF Century LLC after the reported event
Dividend Equivalent Rights conversion value
1 share per right
Each Dividend Equivalent Right is the economic equivalent of one share of common stock
Transaction price per right
$0.00
Grant price for the 333 Dividend Equivalent Rights on September 9, 2026
Key Terms
Dividend Equivalent Rights, restricted stock units, cash dividend, economic equivalent
4 terms
Dividend Equivalent Rights financial
"Represents dividend equivalent rights that accrued on restricted stock units (RSUs)"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock units financial
"dividend equivalent rights that accrued on restricted stock units (RSUs) held"
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.
cash dividend financial
"in conjunction with the payment of a cash dividend on the Issuer's common stock"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CCS report for CEO Robert J. Francescon?
Century Communities reported that CEO Robert J. Francescon acquired 333 Dividend Equivalent Rights on September 9, 2026. These rights accrued on restricted stock units in connection with a cash dividend on the company’s common stock and will vest with the underlying RSUs.
What are the Dividend Equivalent Rights reported for CCS’s CEO?
The Dividend Equivalent Rights are awards that accrued on restricted stock units when Century Communities paid a cash dividend. Each right is the economic equivalent of one share of common stock and will vest and be settled proportionately with the related RSUs.
How many Dividend Equivalent Rights does the CCS CEO hold after this Form 4?
After the reported acquisition, Robert J. Francescon holds 693 Dividend Equivalent Rights. These rights are tied to existing restricted stock units and will vest and settle at the same time and in the same proportions as the RSUs to which they relate.
Was the CCS CEO’s September 9, 2026 transaction under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is affirmed for the reported transaction. The acquisition relates to Dividend Equivalent Rights that accrued automatically in connection with a cash dividend on Century Communities’ common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
