Gregory A. Izenstark - 25 Feb 2025 Form 4 Insider Report for Centuri Holdings, Inc. (CTRI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Feb 2025, 18:38:39 UTC
Prior SEC filing
13 May 2024
Next SEC filing
14 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jason S. Wilcock, as attorney-in-fact for Gregory A. Izenstark

Key filing fact

Gregory A. Izenstark filed Form 4 for Centuri Holdings, Inc. (CTRI) on 27 Feb 2025.

Key facts

  • This page summarizes Gregory A. Izenstark's Form 4 filing for Centuri Holdings, Inc. (CTRI).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 27 Feb 2025, 18:38.

Change

  • Previous filing in this sequence was filed on 13 May 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CTRI transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+30,673
Change %
+76%
Price
$0.000000
Shares after
71,077
Date
25 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,673
Exercise price
Footnotes
F1, F2
CTRI transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+46,009
Change %
Price
$0.000000
Shares after
46,009
Date
25 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
46,009
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents the grant of restricted stock units ("RSUs") pursuant to the Issuer's Omnibus Incentive Plan (the "Plan"). Each RSU is the economic equivalent of one share of the Issuer's common stock and may be settled by one share of the Issuer's common stock or, in certain cases as set forth in the applicable RSU award agreement by and between the Issuer and the Reporting Person, may be settled in cash.

Footnote F2

The RSUs will vest ratably over three years, with one-third of the RSUs to vest on each of the first three anniversaries of the date of grant.

Footnote F3

Represents the grant of performance stock units ("PSUs") pursuant to the Plan. Each PSU is the economic equivalent of one share of the Issuer's common stock and may be settled by delivery of one share of the Issuer's common stock or, in certain cases as set forth in the applicable PSU award agreement by and between the Issuer and the Reporting Person (the "PSU Award Agreement"), may be settled in cash.

Footnote F4

The PSUs will be eligible to be earned by the Reporting Person based on the achievement of certain performance metrics, as set forth in the PSU Award Agreement, over a one-year performance period from January 1, 2025 to December 31, 2025 and a subsequent two-year performance period from January 1, 2026 to December 31, 2027 (collectively, the "Performance Period"). The number of PSUs indicated reflects the "target" number of PSUs granted to the Reporting Person and the number of PSUs earned could range from 50% to 200% of such target number. Earned shares will vest after the Performance Period.

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