CFO’s “Buy‑Sell‑Convert” Play Signals Confidence in Century Communities Stock, Amid 10.6% Surge and 52‑Week Near‑High Push

Insider Activity Signals Confidence – but Raises Questions

Century Communities Inc. (CEN) saw a flurry of insider transactions on February 5–8, 2026, with Chief Financial Officer Dixon John Scott moving between buying, selling, and converting restricted stock units (RSUs). On the most recent day, Scott converted 2,130 RSUs into common stock and purchased an additional 1,941 shares, bringing his holdings to 13,583 shares. In the same window he also sold 641 shares at $69.79, offsetting a portion of his gains. The net effect is a modest increase in ownership, suggesting a belief that CEN’s stock is undervalued at its current $69.83 closing price, just shy of the 52‑week high of $75.01.

What Investors Should Watch

1. Short‑Term Price Momentum – CEN’s share price rose 10.65% over the last week, a sharp uptick that aligns with the timing of the insider activity. The stock’s current valuation (P/E 14.29) sits comfortably below the sector average, indicating that the market may still have room to digest recent growth prospects.
2. RSU Conversion Strategy – The conversion of RSUs into common shares is a classic signal of long‑term confidence. Scott’s RSU grants (5,825 units in 2024 and 6,389 units in 2023) are vested on a three‑year schedule, meaning that by 2027 he will own a significant block of shares that will not be liquid until the final vesting date. This aligns with a strategic view that CEN will continue to deliver value over the next few years.
3. Dividend‑Equivalent Rights Activity – Scott’s sales of dividend‑equivalent rights (DERs) are noteworthy. DERRs provide the economic benefit of a dividend without the cash outflow, and their sale could reflect a need for liquidity or a desire to rebalance his portfolio. However, the volume of DERR transactions remains low relative to his overall holdings, so the impact on his confidence is likely marginal.

Profile of Dixon John Scott

Scott’s insider history is characterized by disciplined buying and periodic selling of both common shares and RSUs. He has been an active participant in the company’s equity incentive plan since 2023, converting RSUs in batches that match vesting milestones. His most recent series of transactions—buying 1,941 shares, selling 641 shares, and converting 2,130 RSUs—illustrates a balanced approach: he is accumulating while simultaneously reducing exposure to market volatility through sales. Over the past 18 months, his net position has grown from roughly 8,561 shares to over 13,500, a 58 % increase in ownership. This steady accumulation pattern, coupled with his role as CFO, signals a strong alignment between his incentives and the company’s long‑term performance.

Implications for the Company’s Future

The CFO’s activity, in concert with the CEO’s sizable holdings (over 887,000 shares), reflects a unified leadership stance that may reassure investors during a period of market volatility. The company’s recent launch of a luxury townhome development and its positive quarterly earnings trajectory suggest that CEN is poised for continued growth. However, investors should remain mindful of the cyclical nature of the housing market and potential headwinds such as interest‑rate increases, which could temper demand for new homes.

Bottom Line

Dixon John Scott’s recent buying, selling, and RSU conversions provide a mixed yet largely bullish signal for Century Communities. The CFO’s increasing stake, paired with the company’s solid fundamentals and recent product launch, points to a confident outlook. Investors should monitor the timing of future RSU vestings and any subsequent large sales, as these could serve as useful barometers for the leadership’s confidence in CEN’s long‑term trajectory.