Century Communities CFO acquires 1,708 shares
Century Communities, Inc. reported that Chief Financial Officer John Scott Dixon exercised equity awards, converting 1,649 restricted stock units and 59 dividend equivalent rights into a total of 1,708 shares of common stock.
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Form Type
4
Rhea-AI Filing Summary
Century Communities, Inc. reported that Chief Financial Officer John Scott Dixon exercised equity awards, converting 1,649 restricted stock units and 59 dividend equivalent rights into a total of 1,708 shares of common stock. Of these, 748 shares were withheld at $67.16 per share to satisfy tax obligations.
Insider Trade Summary
1,708 shares exercised/converted
Exercise
5 txns
Insider
DIXON JOHN SCOTT
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Retricted Stock Units F1, F3 | 1,649 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights F2 | 59 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,649 | -- | -- |
| Exercise | Common Stock F2 | 59 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 748 | $67.16 | $50K |
Holdings After Transaction:
Retricted Stock Units — 1,648 contracts (Direct);
Dividend Equivalent Rights — 430 contracts (Direct);
Common Stock — 13,999 shares (Direct)
Holdings Before and After:
Retricted Stock Units, 3,297 to 1,648 contracts (Direct);
Dividend Equivalent Rights, 489 to 430 contracts (Direct);
Common Stock, 13,039 to 13,999 shares (Direct)
Footnotes (3)
- 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 August 1, 2024, the reporting person was granted 4,945 restricted stock units, vesting in three nearly equal installments beginning on the first anniversary of the grant date. The reporting person must remain continuously employed by the issuer through the applicable vesting date.
Key Figures
Common shares acquired: 1,708 shares
RSUs converted: 1,649 units
Dividend equivalent rights converted: 59 rights
+4 more
7 metrics
Common shares acquired
1,708 shares
Common stock received from RSU and dividend equivalent right conversions on August 1, 2026
RSUs converted
1,649 units
Restricted stock units converted into common stock on August 1, 2026
Dividend equivalent rights converted
59 rights
Dividend equivalent rights converted into common stock on August 1, 2026
Shares withheld for taxes
748 shares
Common stock withheld to satisfy tax obligations under transaction code F
Tax withholding price
$67.16 per share
Price applied to 748 shares withheld for tax obligations
RSUs remaining
1,648 units
Restricted stock units reported as outstanding after the conversion transaction
Dividend rights remaining
430 rights
Dividend equivalent rights reported as outstanding after the conversion transaction
Key Terms
Restricted stock units, Dividend equivalent rights, Payment of exercise price or tax liability by delivering or withholding securities
3 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.
Dividend equivalent rights financial
"Represents dividend equivalent rights that accrued on restricted stock units (RSUs) held by the reporting person"
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.
Payment of exercise price or tax liability by delivering or withholding securities financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Century Communities (CCS) CFO report in this Form 4 filing?
Century Communities (CCS) CFO John Scott Dixon reported exercising equity awards, converting 1,649 restricted stock units and 59 dividend equivalent rights into 1,708 common shares. The filing also shows 748 shares were withheld to cover tax obligations at $67.16 per share.
What are the dividend equivalent rights referenced for Century Communities (CCS)?
The dividend equivalent rights for Century Communities (CCS) are described as rights that accrue on restricted stock units when cash dividends are paid. Each right is the economic equivalent of one share of common stock and vests and settles proportionately with the related RSUs.
What are the vesting terms of the 4,945 restricted stock units granted to the CCS CFO?
The CCS CFO was granted 4,945 restricted stock units on August 1, 2024, vesting in three nearly equal installments beginning on the first anniversary of the grant. Vesting requires the CFO to remain continuously employed through each applicable vesting date.
How many restricted stock units and dividend rights remain for the CCS CFO after this transaction?
After these transactions, the CFO has 1,648 restricted stock units and 430 dividend equivalent rights remaining. These figures are reported as the total derivative units following the respective conversion transactions into Century Communities (CCS) common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
