Form 4: Centuri Holdings SVP, Chief Accounting Officer, Kendra Chilton, Reports Stock Transactions
SEC Form 4 Filing
Kendra Chilton, SVP, Chief Accounting Officer of Centuri Holdings, reports the vesting and settlement of restricted stock units (RSUs) and associated tax withholding.
Summary
- On May 12, 2025, Kendra Chilton, SVP, Chief Accounting Officer of Centuri Holdings, Inc., had 5,050 Restricted Stock Units (RSUs) vest and settle.
- Each RSU is equivalent to one share of Centuri Holdings common stock.
- Upon settlement, Chilton received 5,050 shares of common stock.
- The company withheld 1,333 shares to satisfy tax withholding obligations at a price of $19.53 per share.
- Following these transactions, Chilton directly owns 3,717 shares of Centuri Holdings common stock and 11,405 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The vesting of RSUs dilutes existing shareholders' equity slightly.
Key Dates
| Date | Description |
|---|---|
| 05/12/2024 | Reporting Person was granted 5,050 RSUs |
| 05/12/2025 | Date of Earliest Transaction, RSUs vested and settled |
| 05/14/2025 | Date of Form 4 filing |
Keywords
Centuri Holdings, Kendra Chilton, Form 4, Restricted Stock Units, RSU, Beneficial Ownership, Insider Trading, Stock Options, Tax Withholding
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