Form 4: Centuri Holdings Officer Connell Jr. Reports Stock Transactions

James W. Connell Jr., Chief Commercial and Strategy Officer of Centuri Holdings, Inc., reports the vesting and settlement of restricted stock units and associated tax withholding.

Summary

• On May 12, 2025, James W. Connell Jr., Chief Commercial and Strategy Officer of Centuri Holdings, Inc., reported transactions involving Centuri Holdings common stock.
• Connell Jr. vested 6,060 Restricted Stock Units (RSUs), each equivalent to one share of common stock.
• The vested RSUs were settled, resulting in the delivery of 6,060 shares of common stock.
• The issuer withheld 1,600 shares to satisfy tax withholding obligations related to the RSU vesting at a price of $19.53 per share.
• Following these transactions, Connell Jr. directly owns 24,460 shares of Centuri Holdings common stock.

Sentiment

Score: 5

Explanation: This is a routine disclosure of insider transactions, with no inherently positive or negative implications.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.

Stakeholder Impact

• Shareholders can monitor insider transactions to gain insights into management's perspective on the company's stock.

Key Dates

Keywords

Centuri Holdings, Connell Jr., Form 4, Insider Trading, Restricted Stock Units, RSU, Stock Options, Beneficial Ownership, CTRI