Brown Christian 4
Research Summary
AI-generated summary
Centuri (CTRI) CEO Christian Brown Withholds Shares for Taxes
What Happened Christian Brown, CEO of Centuri Holdings, had 4,893 restricted stock units (RSUs) withheld to satisfy tax withholding obligations tied to vesting. The withholding was recorded at $30.96 per share, representing $151,487 in total value. This was not an open-market sale but a routine tax withholding in connection with vesting.
Key Details
- Transaction date: 2026-02-25; Filing date: 2026-02-26 (timely filing)
- Shares withheld/disposed: 4,893 at $30.96 per share — total value $151,487
- Transaction code: F (tax withholding to satisfy tax liability on vesting)
- Footnote: F1 notes these shares were withheld by the issuer to satisfy tax withholding; not an open-market sale
- Shares owned after transaction: Not specified in the provided filing excerpt
Context Withholding shares to cover taxes on vested RSUs is a common, administrative action and does not necessarily reflect the insider selling shares for cash or a change in sentiment. For investors, such transactions are routine and generally less informative about insider views than open-market purchases or sales.