STOCK TITAN

Century Communities (CCS) CEO granted 360 dividend equivalent rights tied to RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Francescon Robert J
Role CEO and President
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights 360 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Dividend Equivalent Rights — 360 shares (Direct, null); Common Stock — 887,793 shares (Indirect, By RJF Century LLC); Common Stock — 711,764 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Dividend Equivalent Rights granted 360 rights Grant of dividend equivalent rights tied to RSUs
Direct common shares after transaction 711,764 shares Direct ownership reported for Robert J. Francescon
Indirect common shares after transaction 887,793 shares Indirect ownership via RJF Century LLC
Dividend Equivalent Rights price $0.00 per right Compensation grant, not a market purchase
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.
restricted stock units (RSUs) financial
"accrued on restricted stock units (RSUs) held by the reporting person in conjunction with the payment of a cash dividend"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock."
indirect ownership financial
"total_shares_following_transaction 887793.0000, direct_or_indirect I, nature_of_ownership By RJF Century LLC"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Francescon Robert J

(Last)(First)(Middle)
8390 EAST CRESCENT PARKWAY, SUITE 650

(Street)
GREENWOOD VILLIAGE COLORADO 80111

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Century Communities, Inc. [ CCS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO and President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock887,793IBy RJF Century LLC
Common Stock711,764D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Rights$0(1)06/10/2026A360 (1) (1)Common Stock360$0360D
Explanation of Responses:
1. 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.
Remarks:
/s/Francescon, Robert J.06/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CCS CEO Robert Francescon report?

Robert J. Francescon reported receiving 360 Dividend Equivalent Rights. These are compensation-related instruments that mirror cash dividends on existing RSUs and convert into common stock equivalents as the RSUs vest.

How many Century Communities (CCS) shares does the CEO hold after this filing?

After the reported positions, Robert J. Francescon holds 711,764 Century Communities common shares directly and 887,793 shares indirectly through RJF Century LLC, reflecting his total reported equity stake in the company.

What are Dividend Equivalent Rights in the CCS Form 4 filing?

Dividend Equivalent Rights give the holder economic value equal to dividends on common stock. In this case, they accrued on Robert J. Francescon’s RSUs and will vest and settle proportionately with those underlying RSUs.

Were the CCS Dividend Equivalent Rights granted as a market purchase or compensation?

The 360 Dividend Equivalent Rights were granted as compensation, coded as an acquisition award. They accrued on existing RSUs in connection with a cash dividend, not from an open-market stock purchase.

Does RJF Century LLC hold Century Communities (CCS) shares for the CEO?

Yes. The filing shows 887,793 Century Communities common shares held indirectly by Robert J. Francescon through RJF Century LLC, indicating an additional indirect ownership stake beyond his directly held shares.