Form 4: Centuri Holdings Director Charles R. Patton Reports Stock Unit Vesting
SEC Form 4 Filing
Director Charles R. Patton reports the vesting of 6,904 restricted stock units into common stock of Centuri Holdings, Inc. on April 30, 2025.
Summary
- Charles R. Patton, a director of Centuri Holdings, Inc. (CTRI), reported a transaction on April 30, 2025, related to the vesting of restricted stock units (RSUs).
- 6,904 RSUs vested, converting into 6,904 shares of Centuri Holdings common stock.
- Following the transaction, Patton directly owns 7,338 derivative securities.
- The RSUs were granted on April 30, 2024, and vested in full on April 30, 2025.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting scheduled vesting of previously granted stock units.
Positives
- The vesting of RSUs indicates confidence in the company's performance and future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The vesting of RSUs may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Grant date of 6,904 Restricted Stock Units (RSUs) |
| 04/30/2025 | Vesting date of 6,904 Restricted Stock Units (RSUs), converting into common stock |
| 05/02/2025 | Date of Form 4 filing |
Keywords
Centuri Holdings, Director, Charles R. Patton, Restricted Stock Units, RSU, Vesting, Common Stock, CTRI, Form 4
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