Century Communities grants 36,853 RSUs to chair
Century Communities Executive Chairman Dale Francescon received a grant of 36,853 restricted stock units on May 6, 2026.
Rhea-AI Filing Summary
Century Communities Executive Chairman Dale Francescon received a grant of 36,853 restricted stock units on May 6, 2026. These RSUs convert into common stock on a one-for-one basis and vest in three nearly equal annual installments beginning on the first anniversary of the grant date, subject to continued employment.
After this award, Francescon holds 561,662 shares of common stock directly, 1,264,762 shares indirectly through DF Century LLC, and 36,853 RSUs representing the right to receive additional common shares over time as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 36,853 shares
Grant/Award
3 txns
Insider
Francescon Dale
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 36,853 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 36,853 contracts (Direct);
Common Stock — 1,264,762 shares (Indirect, By DF Century LLC);
Common Stock — 561,662 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into the Issuer's common stock on a one-for-one basis.
- F2. On May 6, 2026, the reporting person was granted 36,853 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
RSUs granted: 36,853 units
Underlying common shares: 36,853 shares
Direct common shares after transaction: 561,662 shares
+2 more
5 metrics
RSUs granted
36,853 units
Restricted stock units granted on May 6, 2026
Underlying common shares
36,853 shares
Common stock underlying the RSU grant on a one-for-one basis
Direct common shares after transaction
561,662 shares
Direct holdings of Dale Francescon following reported transactions
Indirect common shares after transaction
1,264,762 shares
Indirect holdings through DF Century LLC following reported transactions
RSU holdings after grant
36,853 units
Total restricted stock units held directly after the May 6, 2026 grant
Key Terms
Restricted stock unit, grant/award acquisition, indirect ownership, vesting
4 terms
Restricted stock unit financial
"Restricted stock units convert into the Issuer's common stock on a one-for-one basis."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
grant/award acquisition financial
"transaction_action: grant/award acquisition for 36,853 restricted stock units."
indirect ownership financial
"Indirect ownership of common stock noted as held 'By DF Century LLC'."
vesting financial
"Restricted stock units vest in three nearly equal annual installments beginning on the first anniversary of the grant date."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Century Communities (CCS) report in Dale Francescon's latest Form 4?
Century Communities reported that Executive Chairman Dale Francescon received 36,853 restricted stock units on May 6, 2026. These RSUs convert one-for-one into common stock and vest in three nearly equal annual installments, starting on the first anniversary of the grant date.
How many restricted stock units did Dale Francescon receive from Century Communities (CCS)?
Dale Francescon received a grant of 36,853 restricted stock units from Century Communities. Each unit represents a right to receive one share of common stock, subject to vesting conditions and continued employment with the company over the applicable vesting period.
What are the vesting terms of Dale Francescon's 36,853 RSUs at Century Communities (CCS)?
The 36,853 restricted stock units vest in three nearly equal annual installments beginning on the first anniversary of the May 6, 2026 grant date. Vesting is conditioned on Francescon remaining continuously employed by Century Communities through each applicable vesting date.
How do Dale Francescon’s RSUs convert into Century Communities (CCS) common stock?
Each restricted stock unit converts into one share of Century Communities common stock on a one-for-one basis. Conversion occurs as the RSUs vest over three annual installments, provided Francescon continues his employment through each vesting date outlined in the award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
