Form 4: Centuri Holdings Director Charles R. Patton Acquires 11,000 Shares

Director Charles R. Patton acquired 11,000 shares of Centuri Holdings, Inc. at $21 per share on April 22, 2024, through a reserved share program related to the company's IPO.

Summary

• Charles R. Patton, a director of Centuri Holdings, Inc. (CTRI), acquired 11,000 shares of common stock on April 22, 2024.
• The shares were purchased at a price of $21 per share.
• The acquisition was made through a reserved share program in connection with Centuri Holdings' initial public offering (IPO).
• Following the transaction, Patton directly owns 11,000 shares of Centuri Holdings.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but it's part of a pre-planned IPO program.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This purchase is related to the IPO of Centuri Holdings.

Key Dates