Insider Trends: Century Communities Insider Awarded Stock, Converts Derivative Security, Pays Taxes with Portion
04:45 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, David L Messenger, CFO and Secretary, was awarded 47,761 Century Communities (CCS) shares and exercised options/derivative securities for 33,504 shares in the company while selling 32,674 shares to satisfy tax obligations. This resulted in a net acquisition of 48,591 company shares. Messenger, after the transactions disclosed in the SEC Form 4 filing, has 181,279 shares of company stock, with a market value, based on the prior-day closing price, of $8.87 million.
During the most recent 90-day period, previous to the date of this filing, there have been 7 insider transactions reported to the SEC for Century Communities. These transactions came from the activities of 3 separate insiders that resulted in a net acquisition of 225,199 company shares. Relative to the preceding 90-day window of time, there are no insider transactions for the company.
This level of transactions is below that of the peer group average in the 17-company Homebuilding peer group over the last 90-day period. Peer group activity averaged 97.4 transactions per company, with company insiders acquiring on average 273,064 shares.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1576940/000157694021000015/xslF345X03/certent-form4.xml
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