Century Communities (NYSE: CCS) CFO awarded 93 dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DIXON JOHN SCOTT reported acquisition or exercise transactions in this Form 4 filing.
Century Communities, Inc. Chief Financial Officer John Scott Dixon received an award of 93 dividend equivalent rights tied to his existing restricted stock units in conjunction with a cash dividend on the company’s common stock. These rights are the economic equivalent of 93 shares of common stock and will vest and settle proportionately with the related RSUs.
Following this grant, Dixon holds 316 dividend equivalent rights and 13,039 shares of Century Communities common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DIXON JOHN SCOTT
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 93 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 316 shares (Direct);
Common Stock — 13,039 shares (Direct)
Footnotes (1)
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FAQ
What did Century Communities (CCS) disclose about its CFO in this Form 4?
Century Communities reported that CFO John Scott Dixon received 93 dividend equivalent rights on March 11, 2026. These rights accrued on his restricted stock units due to a cash dividend and are economically equal to 93 common shares, vesting with the underlying RSUs.
How many dividend equivalent rights does the CCS CFO hold after this transaction?
After the March 11, 2026 award, CFO John Scott Dixon holds 316 dividend equivalent rights. These rights are linked to restricted stock units and will vest and settle over time in line with the vesting of the underlying RSUs granted by Century Communities.
What are dividend equivalent rights in the Century Communities Form 4?
Dividend equivalent rights are awards that mirror cash dividends on restricted stock units and are economically equivalent to common shares. For Century Communities, each right equals one share of common stock and will vest and settle at the same time as the related RSUs.
Did the Century Communities CFO buy or sell CCS common stock in this filing?
The filing does not report any open-market purchase or sale of Century Communities common stock by the CFO. It records a grant of 93 dividend equivalent rights and shows that, after the transaction, he directly holds 13,039 common shares of the company.
Do the dividend equivalent rights for CCS vest immediately for the CFO?
No, the dividend equivalent rights do not vest immediately. For Century Communities, the 93 new dividend equivalent rights granted to the CFO will vest and be settled proportionately over time, matching the vesting schedule of the related restricted stock units he already holds.