Gregory A. Izenstark - 17 Feb 2026 Form 4 Insider Report for Centuri Holdings, Inc. (CTRI)

Reporting relationship: Chief Financial Officer
Issuer ticker: CTRI
Reported as of: 17 Feb 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 19 Feb 2026, 19:13:17 UTC
Prior SEC filing: 14 May 2025
Next SEC filing: 26 Feb 2026
Source filing: View source filing
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 19 Feb 2026.

Key facts

This page summarizes Gregory A. Izenstark's Form 4 filing for Centuri Holdings, Inc. (CTRI).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 19 Feb 2026, 19:13.

Change

Previous filing in this sequence was filed on 14 May 2025.
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

Reporting Owners (1)

CIK 0002016667 Primary reporting owner

Izenstark Gregory A.

Relationship: Chief Financial Officer
Address: 19820 NORTH 7TH AVENUE, SUITE 120, PHOENIX
Signature: /s/ Jason S. Wilcock, as attorney-in-fact for Gregory A. Izenstark
Signature date: 19 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CTRI transaction

Common Stock

Award

Transaction value: $0
Shares: +11,309
Change %: +18%
Price: $0.000000
Shares after: 74,565
Date: 17 Feb 2026
Ownership: Direct
Footnotes: F1, F2

CTRI transaction

Common Stock

Options Exercise

Transaction value
Shares: +16,111
Change %: +22%
Price
Shares after: 90,676
Date: 17 Feb 2026
Ownership: Direct
Footnotes: F3, F4

Reported derivative securities

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

CTRI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -16,111
Change %: -50%
Price: $0.000000
Shares after: 16,111
Date: 17 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 16,111
Exercise price
Footnotes: F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents the grant of restricted stock units ("RSUs") pursuant to the Omnibus Incentive Plan (the "Plan") of Centuri Holdings, Inc. (the "Issuer") on February 17, 2026 (the "2026 RSU Grant"). Each RSU subject to the 2026 RSU Grant 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.

Footnote F2

The reporting person has reported prior grants of RSUs in Table II of Form 4. The total reported in Column 5 of Table I includes the 2026 RSU Grant, 30,673 RSUs granted pursuant to the Plan and previously reported in Table II (the "Previous RSU Grants"), and 32,583 shares of common stock. As of the date of this Form 4, the Previous RSU Grants may be settled only by delivery of an equal number of shares of the Issuer's common stock.

Footnote F3

On February 25, 2025, the reporting person was granted a total of 46,009 performance stock units pursuant to the Plan (the "2025 Performance Award"), assuming target level of achievement of the applicable performance goals. One-third of the units subject to the 2025 Performance Award were eligible to be earned based on achievement of performance goals for the fiscal year of the Issuer ended December 28, 2025 (the "First Performance Period"), and the remaining two-thirds of the units subject to the 2025 Performance Award are eligible to be earned based on achievement of performance goals for the two fiscal years of the Issuer ending January 2, 2028 (the "Second Performance Period").

Footnote F4

On February 17, 2026, the Issuer's board of directors certified achievement of the performance goals for the First Performance Period at 105.1% of the target level, resulting in the reporting person earning 16,111 RSUs (the "2025 Earned RSUs"). The 2025 Earned RSUs are scheduled to vest based on the reporting person's continued service through the later of February 25, 2028 and the date that the Issuer's board of directors (or a committee thereof) certifies the level of achievement of the performance goals for the Second Performance Period.

Footnote F5

The reported transaction involved the reporting person's receipt of the 2025 Earned RSUs. The reporting person previously reported the 2025 Performance Award in Table II of Form 4. As of the date of this Form 4, the 2025 Performance Award may be settled only by delivery of a number of shares of the Issuer's common stock equal to the number of 2025 Earned RSUs plus any additional RSUs subject to the 2025 Performance Award that are earned based on the level of achievement of the performance goals for the Second Performance Period.