Century Communities CFO exercises RSUs, withholds shares
Century Communities, Inc. Chief Financial Officer John Scott Dixon reported equity award activity involving the company’s common stock.
Rhea-AI Filing Summary
Century Communities, Inc. Chief Financial Officer John Scott Dixon reported equity award activity involving the company’s common stock. On February 7 and 8, 2026, he exercised previously granted restricted stock units and related dividend equivalent rights into common shares.
Those conversions added several blocks of common stock, while some shares were withheld at $69.79 per share to cover tax obligations, labeled with transaction code “F.” After these transactions, Dixon directly owned 13,039 shares of Century Communities common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,226 shares exercised/converted
Exercise
10 txns
Insider
DIXON JOHN SCOTT
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Retricted Stock Units | 2,130 | $69.79 | $149K |
| Exercise | Dividend Equivalent Rights | 97 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,130 | $0.00 | $0.00 |
| Exercise | Common Stock | 97 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 641 | $69.79 | $45K |
| Exercise | Retricted Stock Units | 1,941 | $69.79 | $135K |
| Exercise | Dividend Equivalent Rights | 58 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,941 | $0.00 | $0.00 |
| Exercise | Common Stock | 58 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 575 | $69.79 | $40K |
Holdings After Transaction:
Retricted Stock Units — 1,942 contracts (Direct);
Dividend Equivalent Rights — 223 contracts (Direct);
Common Stock — 13,039 shares (Direct)
Footnotes (4)
- F1. Restricted stock units convert into the Issuer's common stock on a one-for-one basis.
- F2. 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.
- F3. On February 8, 2023, the reporting person was granted 6,389 restricted stock units, vesting in three nearly equal annual installments beginning on the first anniversary of the grant date. The reporting person must remain continuously employed by the Company through the applicable vesting date.
- F4. On February 7, 2024, the reporting person was granted 5,825 restricted stock units, vesting in three nearly equal annual installments beginning on the first anniversary of the grant date. The reporting person must remain continuously employed by the Company through the applicable vesting date.
FAQ
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What did Century Communities (CCS) disclose in this Form 4?
Century Communities (CCS) disclosed that its CFO, John Scott Dixon, exercised restricted stock units and related dividend equivalent rights into common stock, with some shares withheld for taxes, and ended with 13,039 directly owned shares after the reported transactions.
What types of securities were involved in the CCS CFO’s Form 4 transactions?
The transactions involved restricted stock units, dividend equivalent rights, and the underlying Century Communities common stock. RSUs and dividend rights converted one-for-one into common shares, consistent with the footnotes describing the equity awards’ terms and their relationship to prior grants.
What do the dividend equivalent rights mean in the CCS Form 4?
The dividend equivalent rights represent amounts that accrued on existing RSUs when Century Communities paid cash dividends. Each right is the economic equivalent of one common share and vests and settles proportionately with the underlying RSUs to which it relates, as described in the footnotes.
Were the Century Communities RSUs converting on specific grant schedules?
Yes. Footnotes explain that RSUs granted on February 8, 2023, and February 7, 2024, vest in three nearly equal annual installments starting one year after each grant, provided the CFO remains continuously employed through each vesting date, aligning delivery of shares with ongoing service.
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