Century Communities Insider Dale Francescon Updates Ownership Stake

TL;DR

**Insider Dale Francescon updated his Century Communities stock ownership.**

AI Summary

Dale Francescon, a key insider at Century Communities, Inc. (ticker: CCS), filed an Amendment No. 8 to his SC 13G on February 5, 2024, indicating his beneficial ownership of the company's common stock as of December 31, 2023. This filing, under Rule 13d-1(d), updates his holdings and is important for investors as it provides transparency into the ownership structure by a significant insider, which can signal confidence or lack thereof in the company's future.

Why It Matters

This filing provides an updated snapshot of a significant insider's stake in Century Communities, offering investors insight into management's alignment with shareholder interests.

Risk Assessment

Risk Level: low — This is a routine update to an existing filing by an insider, not indicating any immediate new risks or opportunities.

Analyst Insight

Investors should note that this is an amendment to an existing filing, providing an updated view of an insider's ownership. While not a new purchase or sale, it confirms continued insider alignment. Further analysis would require comparing the current beneficial ownership percentage (which is not provided in the excerpt) to previous filings to determine any change in stake.

Key Players & Entities

• Dale Francescon (person) — Reporting Person and insider at Century Communities, Inc.
• Century Communities, Inc. (company) — The issuer of the securities being reported on.
• December 31, 2023 (date) — Date of the event requiring the filing of this statement.
• February 5, 2024 (date) — Date the SC 13G/A filing was made.

FAQ

Key Financial Figures

• $0.01 — ame of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie

Filing Documents

• ef20020258_sc13ga.htm (SC 13G/A) — 51KB
• 0001140361-24-005508.txt ( ) — 53KB

From the Filing

SC 13G/A 1 ef20020258_sc13ga.htm SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No 8)* Century Communities, Inc. (Name of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securities) 156504300 (CUSIP Number) Dale Francescon 8390 East Crescent Parkway, Suite 650 Greenwood Village, CO 80111 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13G CUSIP No. 156504300 1 NAMES OF REPORTING PERSONS Dale Francescon 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 1,848,403 (1) 6 SHARED VOTING POWER 35,000 (2) 7 SOLE DISPOSITIVE POWER 1,848,403 (1) 8 SHARED DISPOSITIVE POWER 35,000 (2) 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,883,403 (1)(2) 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.9% (3) 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN (1) Consists of 183,641 shares of Common Stock held directly by Dale Francescon and 250,000 shares of Common Stock held by the Dale Francescon Roth IRA. Also includes 1,274,762 shares held by DF Century, LLC and 140,000 shares of Common Stock held by the James R. Francescon 2020 Trust. Dale Francescon, the sole member of DF Century, LLC, has sole voting and dispositive power over the shares held by DF Century, LLC. Dale Francescon, the sole trustee of the James R. Francescon 2020 Trust, has sole voting and dispositive power over the shares held by the James R. Francescon 2020 Trust. Does not include up to 69,326 shares of Common Stock issuable on February 7, 2024 upon the vesting of a performance share unit award based on the accomplishment of an adjusted pre-tax income goal for a three-year performance period from January 1, 2021 to December 31, 2023. (2) These shares are held by the DCF Family Foundation. Dale Francescon shares voting and dispositive power over the shares held by the DCF Family Foundation. (3) This percentage is based on 31,774,615 s hares of Common Stock of the Issuer outstanding as of December 31, 2023, as reported in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the Securities and Exchange Commission on January 31, 2024. SCHEDULE 13G Item 1. (a) Name of Issuer: Century Communities, Inc. (b) Address of Issuer's principal executive offices: 8390 East Crescent Parkway, Suite 650 Greenwood Village, Colorado 80111 Item 2. (a) Name of person filing: Dale Francescon (b) Address or principal business office or, if none, residence: The principal address for Dale Francescon is: 8390 East Crescent Parkway, Suite 650 Greenwood Village, Colorado 80111 (c) Citizenship: Dale Francescon is a citizen of the United States of America. (d) Title of class of securities: Common Stock, par value $0.01 per share (e) CUSIP No.: 15604300 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company, as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) An investment advisor in accordance with 240.13d-1(b)(1)(ii)(E). (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F). (g) A parent holding company or control person, in accordance with 240.13d-1(b)(1)(ii)(G). (h) A savings association, as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) A church plan, that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment

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