Form 4: Centuri Holdings Director Anne L. Mariucci Acquires Restricted Stock Units

Director Anne L. Mariucci reports acquisition of restricted stock units in Centuri Holdings, Inc.

Summary

• On April 16, 2025, Anne L. Mariucci, a director of Centuri Holdings, Inc. [CTRI], acquired 7,338 restricted stock units (RSUs).
• These RSUs were granted 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, in certain cases, in cash.
• The RSUs will vest on the day immediately before the registrant's 2026 annual meeting of stockholders.
• Following the transaction, Mariucci directly owns 14,242 securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The acquisition of RSUs by a director is generally viewed as a positive sign, indicating confidence in the company's future.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The vesting of the RSUs is tied to the 2026 annual meeting of stockholders, suggesting a long-term incentive for the director.

Industry Context

Acquisition of stock options and restricted stock units are common practice for aligning incentives of company directors with shareholders.

Stakeholder Impact

• The acquisition of RSUs aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Centuri Holdings, Director, Anne L. Mariucci, Restricted Stock Units, RSUs, Beneficial Ownership, Form 4, CTRI