James W. Connell Jr. - 12 May 2025 Form 4 Insider Report for Centuri Holdings, Inc. (CTRI)

Signature
/s/ Jason S. Wilcock, as attorney-in-fact for James W. Connell, Jr.
Issuer symbol
CTRI
Transactions as of
12 May 2025
Transactions value $
-$31,248
Form type
4
Filing time
14 May 2025, 21:52:55 UTC
Previous filing
27 Feb 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Connell James W. Jr. The Reporting Person's full title is "Chief Commercial and Strategy Officer" 19820 NORTH 7TH AVENUE, SUITE 120, PHOENIX /s/ Jason S. Wilcock, as attorney-in-fact for James W. Connell, Jr. 14 May 2025 0002016584

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTRI Common Stock Options Exercise +6.06K +30.3% 26.1K 12 May 2025 Direct F1
transaction CTRI Common Stock Tax liability -$31.2K -1.6K -6.14% $19.53 24.5K 12 May 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CTRI Restricted Stock Units Options Exercise $0 -6.06K -16.44% $0.00 30.8K 12 May 2025 Common Stock 6.06K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") is the economic equivalent of one share of the Issuer's common stock. Pursuant to the applicable RSU award agreement by and between the Issuer and the Reporting Person, shares of the Issuer's common stock were delivered on a one-for-one basis upon the settlement of the RSUs.
F2 Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. This is not an open market sale of securities.
F3 On May 12, 2024, the Reporting Person was granted 6,060 RSUs which vested in full on May 12, 2025.

Remarks:

The Reporting Person's full title is "Chief Commercial and Strategy Officer"