Form 4: Centuri Holdings Director, Andrew W. Evans, Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Andrew W. Evans reports acquisition of 7,338 restricted stock units in Centuri Holdings, Inc.

Summary

  • Andrew W. Evans, a director of Centuri Holdings, Inc. (CTRI), filed a Form 4 on April 18, 2025, reporting a transaction.
  • On April 16, 2025, Evans acquired 7,338 restricted stock units (RSUs) pursuant to the Issuer's Omnibus Incentive Plan.
  • Each RSU is economically equivalent to one share of Centuri Holdings' common stock and can be settled in stock or cash.
  • The RSUs will vest the day before the company's 2026 annual meeting of stockholders.
  • Following the transaction, Evans directly owns 14,242 shares of Centuri Holdings.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing reporting a transaction by a company director. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure of a company insider's transaction, providing transparency to investors about the holdings of key personnel. It doesn't necessarily reflect broader industry trends but offers insight into management's stake in the company.

Key Dates

DateDescription
04/16/2025Date of transaction: Acquisition of restricted stock units
04/18/2025Date of Form 4 filing
2026RSUs will vest the day immediately before the registrant's 2026 annual meeting of stockholders.

Keywords

Form 4, Centuri Holdings, Director, Andrew W. Evans, Restricted Stock Units, RSUs, Beneficial Ownership, Equity Securities

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.