Chilton Kendra 4

What Happened
Kendra Chilton, Senior Vice President and Chief Accounting Officer of Centuri Holdings (CTRI), had 454 shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock units. The withholding was recorded at $30.96 per share, for a total tax withholding value of approximately $14,056. This is a routine tax-withholding event tied to an equity award vesting, not an open-market sale.

Key Details

• Transaction date: 2026-02-25; price used for withholding: $30.96 per share.
• Shares withheld/disposed: 454 shares; total value withheld ≈ $14,056.
• Shares owned after the transaction: Not specified in the provided filing.
• Footnote: F1 indicates shares were withheld by the issuer to satisfy tax withholding for RSU vesting — not an open market sale.
• Filing timeliness: Report filed 2026-02-26 for a 2026-02-25 transaction (filed the next day; not indicated as late).

Context
Tax-withholding by an issuer is a common administrative step when restricted stock units vest; it reduces the number of shares the insider receives rather than signaling a market-driven sale. Such withholding transactions are routine and typically do not reflect the insider’s view on the company’s stock price.