Form 4: Centuri Holdings Director Julie Dill Receives Restricted Stock Units

Julie Dill, a director of Centuri Holdings, Inc., was granted 6,904 restricted stock units (RSUs) on April 30, 2024, which will vest on the first anniversary of the grant date.

Summary

• On April 30, 2024, Julie Dill, a director of Centuri Holdings, Inc. (CTRI), was granted 6,904 restricted stock units (RSUs) under the Issuer's Omnibus Incentive Plan.
• Each RSU represents the economic equivalent of one share of Centuri Holdings' common stock.
• The RSUs can be settled by delivery of an equal number of shares of common stock or, in certain cases, in cash, as specified in the RSU award agreement.
• The RSUs will vest on the first anniversary of the grant date.

Sentiment

Score: 7

Explanation: The document reflects a routine grant of stock units, which is generally viewed neutrally to positively as it aligns director interests with shareholders. There are no indications of negative sentiment.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This is a standard practice for incentivizing and retaining board members in publicly traded companies.

Stakeholder Impact

• The grant of RSUs to a director can positively impact shareholders by aligning the director's interests with the company's long-term success.

Key Dates