Form 4: Centuri Holdings Executive Jason S. Wilcock Reports Stock Transactions
SEC Form 4 Filing
Jason S. Wilcock, Chief Legal and Administrative Officer of Centuri Holdings, Inc., reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On May 12, 2025, Jason S. Wilcock, Chief Legal and Administrative Officer of Centuri Holdings, Inc., had 30,303 restricted stock units (RSUs) vest.
- These RSUs were granted on May 12, 2024, and vested in full on May 12, 2025.
- Upon vesting, 30,303 shares of common stock were delivered on a one-for-one basis.
- The issuer withheld 8,779 shares at a price of $19.53 to satisfy tax withholding obligations.
- Following these transactions, Wilcock directly owns 26,524 shares of Centuri Holdings, Inc. common stock and 20,155 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock. This filing indicates the vesting of previously granted equity compensation.
Stakeholder Impact
- The vesting of RSUs and subsequent tax withholding may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/12/2024 | Reporting Person was granted 30,303.03 RSUs |
| 05/12/2025 | Date of earliest transaction; RSUs vested in full |
| 05/14/2025 | Date of Form 4 filing |
Keywords
Centuri Holdings, Jason S. Wilcock, Restricted Stock Units, RSUs, Form 4, Beneficial Ownership, Insider Trading, Stock Transactions
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