Century Communities CEO gets 360 dividend rights
Francescon Robert J reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Francescon Robert J reported acquisition or exercise transactions in this Form 4 filing.
Century Communities, Inc. CEO and President Robert J. Francescon received a grant of 360 Dividend Equivalent Rights tied to his existing restricted stock units. Each right is the economic equivalent of one share of common stock and will vest in step with the related RSUs. Following the reported positions, he directly holds 711,764 common shares and indirectly holds 887,793 shares through RJF Century LLC.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 360 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
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
Key Terms
Dividend Equivalent Rights financial
restricted stock units (RSUs) financial
economic equivalent financial
indirect ownership financial
FAQ
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Were the CCS Dividend Equivalent Rights granted as a market purchase or compensation?
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