Form 4: Century Communities CFO David Messenger Reports Stock Transactions
SEC Form 4 Filing
David Messenger, CFO and Secretary of Century Communities, Inc., reports the vesting and conversion of restricted stock units and dividend equivalent units into common stock.
Summary
- David Messenger, the CFO and Secretary of Century Communities, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 17, 2024, Messenger converted 2,773 restricted stock units (RSUs) into common stock.
- Additionally, 111 dividend equivalent units were converted into common stock on the same date.
- Messenger also disposed of 1,262 shares of common stock to cover tax obligations at a price of $88.01 per share.
- Following these transactions, Messenger directly owns 192,340 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 03/17/2021 | Reporting person was granted 8,319 RSUs, vesting in three nearly equal annual installments beginning on the first anniversary of the grant date. |
| 03/17/2024 | Conversion of restricted stock units and dividend equivalent units into common stock; disposition of shares for tax obligations. |
| 03/19/2024 | Date of signature for the Form 4 filing. |
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